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McDonald's: Clermont, FL 2640 SR 50 3,478 SF Retail Building Clermont, FL 34711 $2,010,000 ($577.92/SF) 4.01% Cap Rate
Investment Highlights
- Absolute NNN Ground Lease with Renewal Options
- Opened in 2002, McDonald's boasts a long-term operating history of 23 years
- Future Upside Potential
- Outparcel to Target-Anchored Shopping Center
Executive Summary
CBRE is pleased to exclusively offer for sale the 3,478-square-foot McDonald's situated on 1.00 acres in Clermont, FL - a component of the Orlando-Kissimmee-Sanford MSA (Population: 2.83M). Originally set to expire in 2022, McDonald's exercised its first of four 5-year renewal options. The absolute NNN ground lease now features ±2.2 years of term remaining with 10% rent increases in the remaining three options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,478 SF
Building Class
C
Year Built
2002
Price
$2,010,000
Price Per SF
$577.92
Cap Rate
4.01%
NOI
$80,532
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.99 AC
Zoning
PUD
Parking
44 Spaces (12.65 Spaces per 1,000 SF Leased)
Frontage
82’ on Sr-50 Hwy
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-22-26-0800-000-00400 | Improvements Assessment | $374,125 |
| Land Assessment | $1,082,056 | Total Assessment | $1,456,181 |
Property Taxes
Parcel Number
22-22-26-0800-000-00400
Land Assessment
$1,082,056
Improvements Assessment
$374,125
Total Assessment
$1,456,181
Contacts
-
Brian Pfohl -
Christopher Bosworth -
Thomas Carr -
Casey Rosen -
Michael Etemad -
Leah Lindell -
Abby Kelly -
Kaitlyn Wolf -
CBRE
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Videos
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Photos
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McDonald's: Clermont, FL | 2640 SR 50
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