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2457 S Highway 27
Clermont, FL 34711
Texas Roadhouse · Retail Property For Sale
Investment Highlights
- The offering is a Texas Roadhouse corporate ground lease, located in Clermont and less than 25 miles from downtown Orlando
- Texas Roadhouse recently signed a 15-year lease extension through March 2040, which includes two 5-year options, and 10% rental increases every 5 year
- Texas Roadhouse is an outparcel to a premier shopping center that serves the residents of Clermont, a growing suburb just west of Orlando
- Absolute NNN lease structure with scheduled rent growth during the primary term and option periods
- The subject property is located on S Highway 27, which is a well-trafficked north south arterial that converges with E Highway 50
- Clermont Landing features national retailers such as TJ Maxx, Ross, Michaels, JC Penney, and Epic Theaters
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,925 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.74 AC
Property Taxes
| Parcel Number | 29-22-26-1000-000-00200 | Improvements Assessment | $937,580 |
| Land Assessment | $1,785,612 | Total Assessment | $2,723,192 |
Property Taxes
Parcel Number
29-22-26-1000-000-00200
Land Assessment
$1,785,612
Improvements Assessment
$937,580
Total Assessment
$2,723,192
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