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Pacific Dental - Clermont, FL 17300 State Road 50 4,000 SF Office Building Clermont, FL 34711 $2,530,782 ($632.70/SF) 5.75% Cap Rate
Investment Highlights
- Ideally positioned at a signalized hard-corner intersection.
- Strong population growth in the immediate trade area at 3.8% annually — more than 10 times the national average.
- Attractive fee simple ownership, allowing an investor to depreciate the property for additional tax benefits.
- Excellent traffic counts with over 62,000 VPD directly in front of the property.
- Attractive low rental rate relative to the local market, representing strong upside potential at lease expiration.
- Popular new development area, evidenced by the amount of construction within a small radius of the subject property; Costco recently built.
Executive Summary
BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Amenities
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Central Heating
- Natural Light
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 4,000 SF
- $36.38
- Double Net
- Dec 2031
Founded in 1994, Pacific Dental Services (PDS) is one of the country’s leading dental support organizations, providing supported autonomy that enables dentists to concentrate on clinical excellence and the highest levels of cost-effective comprehensive patient care. PDS originated the Private Practice+® model to enable dentists to focus on their passion: serving patients. PDS also pioneered the concept of Modern Dentistry so that dentists are equipped to combine advances in the latest technology with the best operational practices and procedures, highly skilled support staff and a commitment to ongoing training and education.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 4,000 SF | $36.38 | Double Net | Dec 2031 |
Property Taxes
| Parcel Number | 25-22-26-0002-000-03500 | Improvements Assessment | $704,966 |
| Land Assessment | $567,612 | Total Assessment | $1,272,578 |
Property Taxes
Presented by
Pacific Dental - Clermont, FL | 17300 State Road 50
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