16909 High Grove Blvd Clermont, FL 34714
This exceptional 4,820-square-foot free-standing restaurant space is available for lease in Clermont, Florida. Located at 16909 High Grove Blvd, this Class A property, built in 2008, sits on a 40,000-square-foot lot and offers unparalleled visibility and accessibility. Its strategic position at the intersection of Highway 27 and US 192 within High Grove Plaza ensures high traffic flow and significant exposure to both local and regional customers. The property benefits from excellent proximity to major roadways, making it easily accessible for employees and customers alike. The surrounding area boasts a diverse range of shopping and dining options, further enhancing the appeal of this location. Furthermore, its proximity to local healthcare facilities presents an advantage for businesses in the healthcare sector. The single-story building offers ample space for a variety of restaurant concepts, and the annual property taxes are $3.41 per square foot. This location in Lake County, Florida (zip code 34714) offers a strong local economy and diverse demographics, providing a solid foundation for sustainable business growth. The high visibility and substantial foot traffic make this an ideal opportunity for a restaurant seeking a prime location in a thriving community. Don't miss this chance to establish your business in a high-demand area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.