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16345 State Road 50 4,798 SF 100% Leased Office Building Clermont, FL 34711 $2,490,000 ($518.97/SF) 5.79% Cap Rate



Investment Highlights
- Annual Average Daily Traffic (AADT) of 51,000 car trips per day
- Both existing tenant's have 90 day vacate clause in their agreement if buyer want to occupy
- Oversized lot allowing up to 4,500 SF additional building expansion providing future investment potential
Executive Summary
This property is located in East Clermont on the North side of State Road 50 at the intersection of County Road 455
There are over 20 national brands including the East Town Center Publix Plaza currently located at the same intersection as this property. With Annual Average Daily Traffic (AADT) of 51,000 car trips per day at the front door, this high energy location is unlike any other in the southeast Lake County market. The property is directly accessible via both eastbound and westbound turning lanes on SR 50 and a perimeter road connecting to CR 455 for instant client and customer access. This property is conveniently located near Florida Turnpike exit 272 for Clermont / Oakland / Winter Garden.
With easy access to Orlando, this property is in the heart of the newest and fastest growing East Clermont / West Orange business district.
Property Facts
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Allstate Insurance operates through a nationwide network of exclusive agents that provide insurance products backed by The Allstate Corporation. The Celebration, Florida office is operated by an independent Allstate agent and serves individuals and small businesses seeking personal and commercial insurance coverage. The agency offers insurance products that include auto, homeowners, renters, condominium, life, and small-business policies. The Allstate Corporation was founded in 1931 and is a publicly traded insurance company listed on the New York Stock Exchange (NYSE: ALL). Headquartered in Northbrook, Illinois, Allstate is one of the largest personal-lines insurance providers in the United States. Its business model combines corporate underwriting and brand oversight with locally operated agency offices that manage customer relationships and policy sales. The Celebration office functions as a customer-facing retail insurance location and operates within professional office space. The agency is locally managed while adhering to Allstate’s national operating standards, compliance requirements, and technological platforms. Allstate Insurance remains publicly held and continues to expand its distribution through exclusive agencies across the United States.
- Linx Legal
- Professional, Scientific, and Technical Services
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99,999 SF
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$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Linx Legal | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 09-22-26-1105-011-00003 | Improvements Assessment | $393,596 |
| Land Assessment | $522,289 | Total Assessment | $915,885 |
Property Taxes
Presented by
Clermont Property Mgmt Inc
16345 State Road 50
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