4290 Highway 27Clermont, FL 34711

This exceptional Class A mixed-use property, Legend's Pointe, presents a compelling value-add investment opportunity in the thriving Clermont, Florida market. Located at 4290 S Hwy 27, this two-building complex totals 47,418 square feet on a 4.27-acre lot, offering 36,604 square feet of net rentable space. Built in 2006 and extensively renovated in 2022, the property boasts a 100% occupancy rate with a strong NOI of $877,535 and a 7.31% cap rate. The asking price is $12,000,000. The property features a multi-tenant configuration with a NNN lease structure, including 5% annual rent bumps. Ample parking is provided (172 spaces per 1,000 sq ft), and the property benefits from high visibility due to its direct frontage on Hwy 27, experiencing 36,000 vehicles per day. The property is zoned PUD and offers potential for future expansion. Recent renovations include fresh paint, a striped and sealed parking lot, and updated common area bathrooms. The Clermont submarket demonstrates robust growth potential, exceeding 10% projected growth over the next four years. This fee-simple ownership opportunity offers a strong return on investment in a high-demand location. The property's features include 2 stories, and the APN is 092326000200000300.