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100% Occupied Investment 2605 S US Highway 27 2,985 SF 100% Leased Retail Building Clermont, FL 34711 $2,373,050 ($794.99/SF) 6% Cap Rate



Investment Highlights
- New Construction built in 2024 by Schmid Construction, voted “Best Builder/Contractor” for South Lake County
- Rapidly Growing Submarket with a projected annual growth rate 2.72% through 2028 within five miles of the Property
- Largest City in Lake County at a population of over 44,800 within the 19 square miles of city limits
- High Average Income of $120,547 within 1 mile radius of property
- Clermont voted “Best City to Live in Central FL” by Orlando Business Journal Readers Choice for 2017
- 2nd Best State for Business in the United States by Chief Executive Magazine (2021)
Executive Summary
First Capital Property Group is pleased to present 2605 South Hwy 27 Clermont FL 34711; a premier, 100% occupied retail property located within the vibrant Cross Ridge Exchange development.
This asset is anchored by Brooklyn Water Bagel, a nationally recognized fast-causal bagel and café franchisor known for its proprietary water filtration process, authentic New York-style bagels, and strong brand loyalty with all-day breakfast appeal. The neighboring tenant is Superiority Barbershop, a hair-style destination with a loyal customer base, having another location in South Miami Heights Florida. Both Brooklyn Water Bagel’s and Superiority Barbershop’s long-term leases at this location reflect their strategic commitment to the growing Clermont market, offering investors stable, creditworthy income from a two-tenant, net-leased facility.
Positioned within the 17-building Cross Ridge Exchange, this property benefits from over 500 feet of direct frontage and excellent visibility from both US Highway 27 and Cross Ridge Road. With over 46,500 AADT, the location is ideally situated to attract strong and consistent traffic. Strategically located between Walmart Supercenter and BJ’s Wholesale Club, and less than one mile from Clermont’s primary retail corridor, the property enjoys proximity to major national retailers and is just south of Clermont Landing, a 340,000 SF retail power center.
This asset is anchored by Brooklyn Water Bagel, a nationally recognized fast-causal bagel and café franchisor known for its proprietary water filtration process, authentic New York-style bagels, and strong brand loyalty with all-day breakfast appeal. The neighboring tenant is Superiority Barbershop, a hair-style destination with a loyal customer base, having another location in South Miami Heights Florida. Both Brooklyn Water Bagel’s and Superiority Barbershop’s long-term leases at this location reflect their strategic commitment to the growing Clermont market, offering investors stable, creditworthy income from a two-tenant, net-leased facility.
Positioned within the 17-building Cross Ridge Exchange, this property benefits from over 500 feet of direct frontage and excellent visibility from both US Highway 27 and Cross Ridge Road. With over 46,500 AADT, the location is ideally situated to attract strong and consistent traffic. Strategically located between Walmart Supercenter and BJ’s Wholesale Club, and less than one mile from Clermont’s primary retail corridor, the property enjoys proximity to major national retailers and is just south of Clermont Landing, a 340,000 SF retail power center.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,985 SF
Year Built
2024
Price
$2,373,050
Price Per SF
$794.99
Cap Rate
6%
NOI
$142,383
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.14 AC
Zoning
PUD
Parking
524 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Brooklyn Water Bagels
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Superiority Barbershop
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Brooklyn Water Bagels | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Superiority Barbershop | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-22-26-2500-000-00700 | Improvements Assessment | $222,463 |
| Land Assessment | $595,320 | Total Assessment | $817,783 |
Property Taxes
Parcel Number
32-22-26-2500-000-00700
Land Assessment
$595,320
Improvements Assessment
$222,463
Total Assessment
$817,783
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100% Occupied Investment | 2605 S US Highway 27
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