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16526-16530 State Road 50
Clermont, FL 34711
POPEYE’S SHOPPING CENTER– CLERMONT, FL · Retail Property For Sale
Investment Highlights
- STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied
- Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access on SR-50
- 2026 VERY AFFLUENT 2024 DEMOGRAPHICS: Population: 104,441 & Average Household Income: $169,648
- Popeyes (new 20-year lease) with 26 locations, Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10- year lease)
- Traffic counts of 59,473 CPD!
- FLORIDA IS AN “INCOME TAX-FREE” STATE
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,286 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$4,726,000
Price Per SF
$894.06
Cap Rate
5.50%
NOI
$259,909
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.98 AC
Zoning
C
Frontage
144’ on State Road 50
Amenities
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 26-22-26-0001-000-02500 | Improvements Assessment | $854,676 |
| Land Assessment | $1,064,194 | Total Assessment | $1,918,870 |
Property Taxes
Parcel Number
26-22-26-0001-000-02500
Land Assessment
$1,064,194
Improvements Assessment
$854,676
Total Assessment
$1,918,870
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