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29400592
29400593

17300 FL-50, Clermont, FL 34711 For Sale

GE
TX TX Lic. # 773473
Sands Investment Group
Vans Commercial
AA
FL #BK3369953, GA GA 311619 (+2)
Sands Investment Group
Listed by Sands Investment Group, Vans Commercial
$2,530,782
176 days on market
Updated 82 days ago

Pacific Dental - Clermont, FL

Details
Property Type Office
Sub Type Medical Office
Square Footage 4,000
Cap Rate 5.75%
NOI $145,520
Occupancy 100%
Tenancy Single
Brand/Tenant Pacific Dental Services LLC
Lease Type NN
Lease Term 11.3
Lease Expiration 12/31/2031
Remaining Term 5
Rent Bumps Yes
Lease Options 3 x 5 Year Option
Price per SqFt $633
Year Built 2018
Acreage 0.640
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/28/2020

Corporate Guarantee | Low Rental Rate | Signalized Corner

Marketing description

Sands Investment Group is pleased to exclusively offer for sale the 4,000 SF Pacific Dental located at 17300 FL-50 in Clermont, FL. This deal includes an attractive low rental rate relative to the local market, representing strong upside potential at lease expiration, creating a strong foundation for long-term income and growth.

LEARN MORE HERE

Investment highlights

  • Ideally positioned at a signalized hard-corner intersection.

  • Excellent traffic counts with over 62,000 VPD directly in front of the property.

  • Strong population growth in the immediate trade area at 3.8% annually — more than 10 times the national average.

  • Attractive low rental rate relative to the local market, representing strong upside potential at lease expiration.

  • Attractive fee simple ownership, allowing an investor to depreciate the property for additional tax benefits.

  • Popular new development area, evidenced by the amount of construction within a small radius of the subject property; Costco recently built a brand-new store across the street in November 2023.

  • Secure corporate guarantee from Pacific Dental, with more than 1,000 locations across the U.S.

Listing Contacts

GE
TX TX Lic. # 773473
Sands Investment Group
Vans Commercial
AA
FL #BK3369953, GA GA 311619 (+2)
Sands Investment Group
Listed by Sands Investment Group, Vans Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$145,520.00
$12,126.67/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Andrew Ackerman
License
FL #BK3369953
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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