16526-16530 SR-50 - For Sale
Popeye’s Shopping Center – Clermont, FL
Offer Price
$4,726,000
About this property
Popeye’s Shopping Center – Clermont, FL
Popeyes Shopping Center is 100% occupied by Popeyes (new 20-year lease) with 26 locations , Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10-year lease) with attractive rental escalations. It is Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access on SR-50 with traffic counts of 59,473 CPD!
Nearby retailers include Costco, Target, Walmart, Kohl’s, Bealls, Belk, BJ’s Wholesale, Home Depot, Lowe’s, Hobby Lobby, At Home, Dick’s Sporting Goods, T.J. Maxx, Ross Dress for Less, Petco, Pet Supermarket, Michaels, Office Depot, Rooms To Go, ALDI, Publix Super Market, Winn-Dixie, Floor & Decor, Walgreens, CVS, Planet Fitness, Anytime Fitness, and Epic Theatres. 25 miles from Rollins College Winter Park – a private liberal arts college offering various undergraduate & master programs with a total enrollment of 3,047; 3 miles from South Lake Hospital – a licensed 235-bed comprehensive medical & surgical acute care facility serving the residents of Lake County for 75 years.
BRIAN BROCKMAN
Broker of Record
Bang Realty-Naples, Inc.
LIC # BK3327646
Property Highlights
STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied by Popeyes (new 20-year lease) with 26 locations , Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10-year lease) with attractive rental escalations.
VERY AFFLUENT 2026 DEMOGRAPHICS: Population: 104,441 & Average Household Income: $169,648
FLORIDA IS AN “INCOME TAX-FREE” STATE
Year built: 2017
CAP rate: 5.50%
Tenant: Popeye's, Jeff's Bagel Run, Green Thumb
Lease type: Absolute NNN
Details: (Building & Land) Fee Simple
Building size: 5286 sq ft
Property Details
Location
Pricing Details
Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.