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16345 State Road 50 4,798 SF 100% Leased Office Building Clermont, FL 34711 $2,590,000 ($539.81/SF) 5.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Annual Average Daily Traffic (AADT) of 51,000 car trips per day
- 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
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- Finance and Insurance
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99,999 SF
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$9.99
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Allstate protects people from life’s uncertainties with a wide array of protection for autos, homes and personal property. Allstate is primarily engaged in the property and casualty insurance business in the United States and Canada. Additionally, Allstate provides customers other protection solutions such as accident and health insurance, protection plans that cover consumer electronics, mobile phones and appliances and personal identity protection. The Allstate Corporation is one of the largest publicly held personal lines insurers in the United States. Allstate’s personal property-liability strategy is to increase market share by offering consumers a broad suite of protection solutions and a competitive value proposition across distribution channels.
- Linx Legal
- Professional, Scientific, and Technical Services
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99,999 SF
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$9.99
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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 | $393,719 |
| Land Assessment | $522,289 | Total Assessment | $916,008 |
PROPERTY TAXES
Presented by
Clermont Property Mgmt Inc
16345 State Road 50
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