16110 Hammock Ridge Rd
Clermont, FL 34711
Action Gator Tire · Retail Property For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new Action Gator Tire located in Clermont, Florida. Action Gator Tire has a new, 20-year triple net lease with two, five-year renewal options. There are five percent rental increases every five years throughout the base term and option periods. This is a brand-new location and scheduled to open May 1, 2020 or sooner. The subject property is located off Highway 27 with a daily traffic count of more than 35,000 vehicles. Surrounding national retailers include Walmart Supercenter, Aldi, Lowes, Publix, Kohls, Michaels, TJ Maxx, Staples, Pet Supermarket, Chick-fil-A, McDonalds, Arbys, Olive Garden, Texas Roadhouse, Buffalo Wild Wings, Dunkin Donuts, CVS, Walgreens, Bank of America, PNC Bank and many more. The subject property is within walking distance of Vineyards at Hammock Ridge, a brand-new, 280-unit apartment complex which is currently under construction. This Action Gator Tire is in Clermont where the population in the area projected to grow by over 20 percent in the next five years. Its also part of the Orlando metropolitan statistical area which has a population of more than 2.4 million. The property is located across street from Chic-fil-A at 16110 Hammock Ridge Rd, Clermont, FL 34711.