Property profile

16909 High Grove Blvd Clermont, FL 34714

OFF-MARKET
Retail properties & Spaces
4,820 SF Built 2008
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 4,820 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Security Service
  • Nail Salon
  • Bar & Pub Nightclub
  • Nail Salon

Location

16909 High Grove Blvd Clermont, FL 34714
Clermont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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