Portillo's Double Drive-Through
For Sale
Contact for pricing
1251 E Hwy 50, Clermont, FL 34711
Newly constructed restaurant supported by a corporate-guaranteed ground lease with scheduled rent increases.
Property SizeContact for details
Days on Market143
Property Features for 1251 E Hwy 50
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Atlantic Retail West Palm Beach
Listed By:
Zack Hilgendorf · License #SL3612144
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 10:05AM
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 Atlantic Retail West Palm Beach
Investment Insights
Based on property information with market context.
This newly constructed Portillo’s restaurant is configured with double drive-through service and is offered through a new 10-year corporate-guaranteed ground lease. Lease economics include 10% rent escalations every 5 years, along with four 5-year renewal options.
The property is part of Clermont West, a 17.1-acre retail development containing four stand-alone assets occupied by national restaurant users and a future 10-acre parcel. It sits along E. Highway 50 between U.S. Hwy 27, reporting 49,363 VPD, and Florida’s Turnpike, reporting 72,189 VPD. The surrounding E. Highway 50 retail corridor includes approximately 2.4 million square feet of retailers.
The site is located 5 miles north of the planned Olympus National Training Center, a 243-acre sports campus intended to operate as a year-round event center.
The property is part of Clermont West, a 17.1-acre retail development containing four stand-alone assets occupied by national restaurant users and a future 10-acre parcel. It sits along E. Highway 50 between U.S. Hwy 27, reporting 49,363 VPD, and Florida’s Turnpike, reporting 72,189 VPD. The surrounding E. Highway 50 retail corridor includes approximately 2.4 million square feet of retailers.
The site is located 5 miles north of the planned Olympus National Training Center, a 243-acre sports campus intended to operate as a year-round event center.
Key Highlights
- Newly constructed Portillo’s with double drive‑through service
- New 10‑year corporate‑guaranteed ground lease
- 10% rent escalations every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Home Improvements & Furnishings 33%
Shell
Shops & Services
11,856 visits/mo
0.4 miles
Hilltop Ace Hardware
Home Improvements & Furnishings
7,646 visits/mo
0.5 miles
Citgo
Shops & Services
3,435 visits/mo
0.3 miles
Demographics for 34711, FL
67,980
Population
28,127
Households
2.4
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,734
Density / Sq Mi
$88,474
Median Household Income
$46,456
Median Earnings
$1,817
Median Rent
$369,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Newly constructed restaurant supported by a corporate-guaranteed ground lease with scheduled rent increases.
Where is this drive through restaurant located?
The property is located at 1251 E Hwy 50 Clermont, FL.
What are key features of this property?
This property features: Newly constructed Portillo’s with double drive‑through service; New 10‑year corporate‑guaranteed ground lease; 10% rent escalations every 5 years
