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    210 Citrus Tower Blvd Clermont, FL 34711

    Sponsored
    For Lease
    $35 SF/Yr ($13,994 /Mo)

    Freestanding Bank Building, High Visibility, Sublease

    Lot size:
    4,798 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,798 square foot freestanding retail building presents a unique sublease opportunity. Formerly a bank branch, this single-tenant property boasts a highly desirable location within the Publix-anchored Citrus Tower Village, offering excellent visibility from US Highway 27, a major thoroughfare with an impressive average annual daily traffic count of 29,500 vehicles. The building, constructed in 2004, sits on a spacious 1.47-acre outparcel and features a convenient drive-thru with four lanes, perfect for various retail uses. Inside, you'll find six well-appointed offices, a sizable training room, a comfortable break room, and four restrooms. Ample parking is provided with 34 spaces. The property benefits from robust 600-amp 3-phase power and a backup generator, ensuring reliable operation. The underlying lease has an expiration date of July 31, 2028. Potential tenants should be aware that certain use restrictions apply, as outlined in the lease agreement, the Planned Unit Development (PUD) regulations, and existing restrictions/exclusives with PNC and Publix. This property offers a compelling opportunity for a business seeking a high-profile location with significant visibility and ample parking in a thriving retail center. The property's Assessed Parcel Number (APN) is 09-22-26-0600-062-00000 and is located in Lake County.

    Property Features for 210 Citrus Tower Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,798 SF
    Total Rate
    13994.17

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Size
    4,798 SF
    Rate per SF
    $35

    HighLights

    • 4,798 SF freestanding retail building, former bank branch.
    • Single‑tenant occupancy.
    • Situated on a 1.47‑acre outparcel in the Publix‑anchored Citrus Tower Village.
    • Features 4 drive‑thru lanes, 6 offices, a large training room, break room, and 4 restrooms.
    • 34 parking spaces and excellent visibility from US Hwy 27 (AADT 29,500).
    • 600‑amp 3‑phase power with backup generator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Publix Clermont con ... Supermarket PNC Bank ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clermont
    County
    Lake
    State
    Florida
    Longitude
    -81.743465344713
    Latitude
    28.565808523149

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding Bank Building, High Visibility, Sublease
    Where is this individual retail property located?
    The property is located at 210 Citrus Tower Blvd Clermont, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 4,798 SF freestanding retail building, former bank branch.; Single-tenant occupancy.; Situated on a 1.47-acre outparcel in the Publix-anchored Citrus Tower Village.
    Request Owner's contact information
    210 Citrus Tower Blvd Clermont, FL 34711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    210 Citrus Tower Blvd Clermont, FL 34711
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