Log In/Sign Up
Your email has been sent.
Taco Bell: Clermont, FL 1810 E Highway 50 2,808 SF Retail Building Clermont, FL 34711 $1,670,000 ($594.73/SF) 4.66% Cap Rate
Investment Highlights
- Absolute NNN Ground Lease with Renewal Options
- Future Upside Potential
- Excellent Access & Visibility | Frontage Along East Highway 50
- Long-Term Operating History | Recent Renovations
- Top Visited Location
- Orlando-Kissimmee-Sanford, FL MSA Advantage (MSA Population: 2.83M+)
Executive Summary
CBRE is pleased to offer for sale the 2,808-square-foot Taco Bell positioned on 1.08 acres in Clermont, Florida -- part of the Orlando-Kissimmee-Sanford, FL MSA (MSA Population: 2.83M+). Originally set to expire in 2018, Taco Bell exercised two of four 5-year renewal options. The absolute NNN ground lease now has ±3.3 years of term remaining with 10% rent increases in the two remaining renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,808 SF
Building Class
B
Year Built/Renovated
2003/2004
Price
$1,670,000
Price Per SF
$594.73
Cap Rate
4.66%
NOI
$77,748
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.08 AC
Zoning
C-2
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
91’ on Sr-50 Hwy
Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-22-26-0310-000-00600 | Improvements Assessment | $298,283 |
| Land Assessment | $1,016,836 | Total Assessment | $1,315,119 |
Property Taxes
Parcel Number
28-22-26-0310-000-00600
Land Assessment
$1,016,836
Improvements Assessment
$298,283
Total Assessment
$1,315,119
Contacts
-
Brian Pfohl -
Christopher Bosworth -
Thomas Carr -
Casey Rosen -
Michael Etemad -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Taco Bell: Clermont, FL | 1810 E Highway 50
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.