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16526-16530 State Road 50
Clermont, FL 34711 Johns Lake

$4,726,000 USD

Fast Food For Sale  •  5,286 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,286 SF
  • Lot Size 0.98 AC
  • Building Class A
  • Year Built 2017
  • Cap Rate 5.50 %
  • Tenancy Multiple
  • Zoning C
30 Transit Score
30 Walk Score

Highlights

STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied
Popeyes (new 20-year lease) with 26 locations, Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10- year lease)
Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access on SR-50
Traffic counts of 59,473 CPD!
2026 VERY AFFLUENT 2024 DEMOGRAPHICS: Population: 104,441 & Average Household Income: $169,648
FLORIDA IS AN “INCOME TAX-FREE” STATE

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Green Thumb Industries 1,500 SF 10/31/2036
Jeff's Bagels 1,291 SF 4/30/2034
Popeyes 2,495 SF 3/31/2044

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Orlando International 39 min - 28.9 mi
Orlando Sanford International 59 min - 46.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC