Clermont Heights
1495 E Hwy 50, Clermont, FL 34711- Price:$5,025,000
- Building SF:7,881 sqft
- Cap Rate:6.25%
- Lot Size:1.14 Acres
- NOI:$314,028
- Total Existing Units/Bays:3
- Occupancy:100%
- Year Built:2008
- 3 Mile HHI:102,731
- 3 Mile Pop:61,851
Deal Highlights
- STABLE NOI: Chipotle (NYSE:CMG) recently executed a 10-year extension showing commitment to site
- RENTAL GROWTH: 90% of NOI locked in leases for 8+ years. NOI scheduled to grow 27% over next 10 years.
- GREAT MARKET: Property is surrounded by secondary anchors like Orlando Health Hospital, Lake Sumter State College, and AdventHealth Clermont Health Park
