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1251 E Highway 50
Clermont, FL 34711
Portillo's · Retail Property For Sale
Investment Highlights
- Brand-New 10-Year Ground Lease; Opportunity provides investors with a completely passive and stable income stream with zero landlord responsibilities
- Rapidly Expanding Tenant; Portillo’s plans to open more than 900 locations within the next 20 years (84 locations currently with 4 more coming soon)
- Excellent Underlying Real Estate; Site benefits from full access going both East & West from State Hwy 50 (49,363 VPD) part of brand-new Clermont West
- Industry-Leading Tenant; Portillo’s reported an AUV of $9.1M in 2023; 4th highest AUV of all restaurant chains in the country (min. 50 locations)
- 3rd Fastest Growing MSA; Clermont is part of the Orlando-Kissimmee-Sanford metropolitan area, which saw a 25.3% growth rate from 2010-2020
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,900 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.98 AC
Zoning
PD - Planned Development
Parking
146 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
309’ on East Highway 50
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