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16526-16530 State Road 50 Clermont, FL 34711

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For Sale
$4,107,000

Fully occupied retail strip center with strong tenancy.

Property size:
5,286 SF
Lot size:
0.98 Acres

Property Features for 16526-16530 State Road 50

General Information

Size
5,286 SF
Lot size
0.98 Acres

Source: Commercial Investment Advisors (CIA) - Corporate Agent Jessica Gibson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Strip Center For Sale

This retail property is 100% occupied by Popeyes (new 20-year lease), Jeff’s Bagel Run (new 10-year lease) and T-Mobile, all with attractive rental escalations. The property is located in a dominant retail corridor across the street from a Publix Super Market, offering great visibility and access on SR-50, which has traffic counts of 59,473 cars per day. The surrounding area has affluent demographics, with a population of 103,269 and an average household income of $145,915.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Clermont
County
Lake
State
Florida
Longitude
-81.6810286
Latitude
28.545583

FAQs

What type of property is this?
Strip mall - Fully occupied retail strip center with strong tenancy.
Where is this strip mall located?
The property is located at 16526-16530 State Road 50 Clermont, FL.
What is the asking price?
The asking price for this property is $4,107,000.
What are key features of this property?
This property features: - STRONG TENANCY with absolute NNN leases: 100% occupied by Popeyes (new 20-year lease), Jeff’s Bagel Run (new 10-year lease) & T-Mobile with attractive rental escalations.; - Located in a dominant retail corridor with great visibility/access on SR-50 and high traffic counts of 59,473 CPD.; - Very Affluent Demographics: Population of 103,269 and Average Household Income of $145,915 (2024).
More about this property
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