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22349897
22349896

16909 High Grove Blvd, Clermont, FL 34714

KH
FL BK3325286, FL
Foresight Real Estate LLC
Listed by Foresight Real Estate LLC
$2,500,000
441 days on market
Updated 1 day ago

16909 High Grove Blvd Clermont Florida

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 5,000
Net Rentable (SqFt) 5,000
Units 2
Cap Rate 6.4%
NOI $160,000
Tenancy Multi
Lease Type NNN
Lease Term 3
Lease Expiration 02/01/2028
Remaining Term 1.7
Lease Options No
Price per SqFt $500
Broker Co-Op Yes
Year Built 2008
Buildings 1
Stories 1
Acreage 0.920
Zoning (PUD) with a Commercial (C-1)
Lease Commencement 02/06/2025

Retail | 6.40% CAP | 5,000 SqFt

Marketing description

Positioned in the rapidly growing Four Corners area, this highly visible multi-tenant retail center offers an exceptional investment and business opportunity. With 121 feet of frontage on US Highway 27 and a daily traffic count of 42,500 vehicles, this property ensures maximum exposure for businesses looking to capitalize on Clermont’s thriving commercial corridor.

Premium Location: Located at the intersection of Highway 27 and US 192, just minutes from Walt Disney World and major tourist attractions.
High Traffic & Visibility: A prime retail destination with steady foot and vehicle traffic from both locals and tourists.
Established Tenants: Home to The Best of British Pub and other thriving businesses, ensuring a built-in customer base.
Modern & Renovated Retail Space: Recently upgraded, offering a professional and attractive storefront.
Strong Market Growth: The area is experiencing rapid residential and commercial development, driving more business opportunities.
Flexible Zoning: Zoned Planned Unit Development (PUD) - Commercial (C-1), suitable for retail, restaurant, office, and service-oriented businesses.

Investment highlights

Prime Location & High Visibility

  • Strategically positioned at the intersection of US Highway 27 & US 192, a high-traffic corridor with 42,500+ vehicles per day.

  • 121 feet of frontage on US 27, maximizing visibility and business exposure.

  • Located in the Four Corners area, a rapidly developing commercial and residential hub near Walt Disney World and other major attractions.

Strong Market Growth & Economic Potential

  • The Clermont area is experiencing rapid growth, with thousands of new residential units planned nearby, increasing demand for retail and services.

  • Diverse customer base, including local residents, tourists, and commuters.

  • Situated in a high-income demographic area, further enhancing business viability.

Fully Leased Multi-Tenant Retail Center

  • Anchored by The Best of British Pub, a popular dining spot with high customer retention.

  • Diverse tenant mix ensures stable rental income and reduced vacancy risks.

  • Recently renovated, reducing the need for immediate capital expenditures.

Zoning & Expansion Potential

  • Zoned PUD (Planned Unit Development) – Commercial (C-1), allowing for a wide range of retail, restaurant, and service-based businesses.

  • Adjacent lots available for potential expansion or redevelopment, increasing long-term investment value.

Turnkey Investment with Long-Term Upside

  • Steady rental income from established tenants.

  • High demand for commercial space in this growing region ensures strong appreciation potential.

  • Ideal for 1031 exchange buyers, retail investors, and owner-operators looking for a high-traffic location.

Listing Contacts

KH
FL BK3325286, FL
Foresight Real Estate LLC
Listed by Foresight Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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Additional Information

Name
Karen Hong
License
BK3325286
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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