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2050 E Highway 50 Way
Clermont, FL 34711
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,784 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.76 AC
Zoning
Restaurant - Restaurant Tenant Occupied
Parking
102 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
154’ on Highway 50
About 2050 E HIGHWAY 50 WAY , CLERMONT, FL 34711
Excellent 1031 exchange property. New prototype Applebee's in Clermont, FL, part of Orlando MSA. Excellent visibility on main retail corridor. Very strong store sales ratio of only 5.25%. Lease guaranteed by Neighborhood Restaurant Partners, Florida, LLC (75-unit operator) with nearly $190 million in gross sales.
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