Shopping Center with
12302 Roper Boulevard Clermont, FL 34711
12302 Roper Boulevard, Clermont, FL, 34711
Contact for pricing
For Sale
Contact for pricing
Retail center anchored by Trustco Bank with drive-thru, positioned off US 27 corridor with high daily vehicle exposure.
Property Size9,460 SF
Lot Size1.28 Acres
Price / SF$327.70
Days on Market50
Property Features for 12302 Roper Boulevard
General Information
- Standard status
- Active
- Size
- 9,460 SF
- Lot size
- 1.28 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agency
Marcus & Millichap - Orlando
(407) 557-3834
Listed by
Tarek Chbeir · License #SL3449535
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 9:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
Spring Valley Shoppes is a well-maintained retail shopping center constructed in 2006 on a 1.28-acre parcel. The property includes a drive-thru component through its Trustco Bank anchor and presents multiple retail spaces, including Unit 101 and Unit 106, each with opportunities to adjust lease structure. The offering is described as a stabilized investment, with a stated 3.5% submarket vacancy per CoStar and market rental rates averaging approximately $31.26 PSF compared to current submarket rents of $25.75 PSF.
The center is positioned directly off US Highway 27, with reported exposure to more than 64,000 vehicles per day. Spring Valley Shoppes is shadow-anchored by Kohl’s and anchored by Trustco Bank, supporting consistent daily traffic generation. The immediate tenant mix and surrounding retail environment include major national retailers such as Walmart Supercenter, BJ’s Wholesale Club, Aldi, Planet Fitness, Sky Zone, Chick-fil-A, RaceTrac, TJ Maxx, Ross, Michaels, Dollar Tree, Bath & Body Works, Olive Garden, Buffalo Wild Wings, and JCPenney.
For prospective owners or operators, the investment narrative centers on lease optimization, including converting Unit 101 to an NNN structure and moving Unit 106 to a full NNN lease structure with no expense caps, as described in the remarks. The materials also include stated projected cap rates for Year 1 and Year 2 based on in-place operations.
The center is positioned directly off US Highway 27, with reported exposure to more than 64,000 vehicles per day. Spring Valley Shoppes is shadow-anchored by Kohl’s and anchored by Trustco Bank, supporting consistent daily traffic generation. The immediate tenant mix and surrounding retail environment include major national retailers such as Walmart Supercenter, BJ’s Wholesale Club, Aldi, Planet Fitness, Sky Zone, Chick-fil-A, RaceTrac, TJ Maxx, Ross, Michaels, Dollar Tree, Bath & Body Works, Olive Garden, Buffalo Wild Wings, and JCPenney.
For prospective owners or operators, the investment narrative centers on lease optimization, including converting Unit 101 to an NNN structure and moving Unit 106 to a full NNN lease structure with no expense caps, as described in the remarks. The materials also include stated projected cap rates for Year 1 and Year 2 based on in-place operations.
Key Highlights
- Spring Valley Shoppes retail center built in 2006 on a 1.28‑acre parcel
- Shadow‑anchored by Kohl’s and anchored by Trustco Bank with drive‑thru
- Located directly off US Highway 27 with exposure to over 64,000 vehicles per day
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.3k | $21.60 |
| − Vacancy | −$7.8k | −$0.82 |
| EGI | $196.6k | $20.78 |
| − OpEx | −$49.1k | −$5.19 |
| NOI | $147.4k | $15.58 |
9,460 SF · lease $21.60/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,428 @ 7.0% cap · market cap 4.76%
Second Best
Retail
$1.60M
$1.40M – $1.87M
NOI $111,925 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,443 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Emmanuel Carrasquillo: Allstate ...
Insurance Agency
Trustco Bank
Financial Advisor
The Oil Factory
Cosmetic Store
Medicap® Pharmacy
Pharmacy
Fragrance Everyday LLC
Department Store
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FAQs
What type of property is this?
Shopping center - Retail center anchored by Trustco Bank with drive-thru, positioned off US 27 corridor with high daily vehicle exposure.
Where is this shopping center located?
The property is located at 12302 Roper Boulevard Clermont, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Spring Valley Shoppes retail center built in 2006 on a 1.28‑acre parcel; Shadow‑anchored by Kohl’s and anchored by Trustco Bank with drive‑thru; Located directly off US Highway 27 with exposure to over 64,000 vehicles per day
