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Property profile & analytics
FOR LEASE
Banks

210 Citrus Tower Blvd Clermont, FL 34711

4,798 SF 1.48 ac lot Built 2004
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US18-3218952
Property summary
AI-generated overview

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 profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Construction CONCRETE BLOCKS
Total area 4,798 SF
Lot 1.48 ac (64,657 SF)
APN 09-22-26-0600-062-00000
UPID US18-3218952
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Publix Clermont con demanda Specialty Food Shop Supermarket
  • PNC Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.25M
Owner & transaction history
John P Adams & Ann A Adams Fam
John P Adams & Ann A Adams Fam
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.8M +11.0%
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