Log In/Sign Up
Your email has been sent.
Panda Express 4615 Collina Ter 2,500 SF 4-Star Retail Building Clermont, FL 34711 $3,444,000 ($1,377.60/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGH GROWTH ORLANDO, FL MSA
- COSTCO ANCHORED SHOPPING CENTER OUTPARCEL
- NEW CONSTRUCTION ON A MAJOR HIGHWAY
EXECUTIVE SUMMARY
ATTRACTIVE LEASE FUNDAMENTALS
- 8% rent increase every 5 years during option periods
- Absolute NNN Ground lease with no Landlord Responsibilities
- Six (6) - Five (5) year option periods
NAME BRAND AND STRONG CORPORATE TENANT
- Panda Express has over 2,460+ locations across the country
- These locations employ more than 47K employees with annual sales exceeding $3 Billion dollars
NEW CONSTRUCTION ON MAJOR HIGHWAY
- This site was recently constructed with Panda Express paying to build the building - showing Strong commitment to the site
- Located on State Rd 50 (55K VPD)
HIGH GROWTH ORLANDO, FL MSA
- Orlando, FL region is projected to add more than 1,500 people every week for the next 11 years
- Orlando was the 2nd fastest growing metro from 2022 to 2023
- 2.1% forecasted employment growth for 2024 (1.4% National Avg.)
COSTCO ANCHORED SHOPPING CENTER OUTPARCEL
- Within a 1-mile radius of the site is more than 850K SF of retail space
- Nearby National Retailers Include: Costco Wholesale, Floor & Décor, Golf Galaxy, East Towne Center with a Publix Supermarket and more
SURROUNDED BY HUNDREDS OF NEW RESIDENTIAL UNITS
- 515 apartments in a 1-mile radius
- Adjacent to Skyline at West Fall Station (300 units)
- Across the street are multiple apartment complexes including the Broadstone Overlands complex with more than 200 units and the John’s Lake Landing Cottage Series with over 400 units
- 8% rent increase every 5 years during option periods
- Absolute NNN Ground lease with no Landlord Responsibilities
- Six (6) - Five (5) year option periods
NAME BRAND AND STRONG CORPORATE TENANT
- Panda Express has over 2,460+ locations across the country
- These locations employ more than 47K employees with annual sales exceeding $3 Billion dollars
NEW CONSTRUCTION ON MAJOR HIGHWAY
- This site was recently constructed with Panda Express paying to build the building - showing Strong commitment to the site
- Located on State Rd 50 (55K VPD)
HIGH GROWTH ORLANDO, FL MSA
- Orlando, FL region is projected to add more than 1,500 people every week for the next 11 years
- Orlando was the 2nd fastest growing metro from 2022 to 2023
- 2.1% forecasted employment growth for 2024 (1.4% National Avg.)
COSTCO ANCHORED SHOPPING CENTER OUTPARCEL
- Within a 1-mile radius of the site is more than 850K SF of retail space
- Nearby National Retailers Include: Costco Wholesale, Floor & Décor, Golf Galaxy, East Towne Center with a Publix Supermarket and more
SURROUNDED BY HUNDREDS OF NEW RESIDENTIAL UNITS
- 515 apartments in a 1-mile radius
- Adjacent to Skyline at West Fall Station (300 units)
- Across the street are multiple apartment complexes including the Broadstone Overlands complex with more than 200 units and the John’s Lake Landing Cottage Series with over 400 units
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
2,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,444,000
Price Per SF
$1,377.60
Cap Rate
4.50%
NOI
$155,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.79 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Panda Express
- Services
- 2,500 SF
- -
- Oct 2045
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Panda Express | Services | 2,500 SF | - | Oct 2045 |
NEARBY MAJOR RETAILERS
Fifth Third Bank
CONTACTS
-
David Hoppe -
Patrick Wagor -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Panda Express | 4615 Collina Ter
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.