Verizon Wireless | Clermont, FL
Build-to-Suit, Operating Since 2008 | Corporate Guarantee
Marketing description
Built in 2008, this Verizon Wireless location has operated continuously for over 15 years and is secured by a net lease with over four years of term remaining. The property is shadow-anchored by major national retailers, including Lowe’s, Hobby Lobby, and Crunch (coming soon), with this Lowe’s ranking in the top 14% of stores nationwide by visits. Situated at a signalized intersection on Route 50 with over 51,500 vehicles per day and just 0.6 miles from Highway 27(47,500 VDP), the site benefits from high traffic exposure. It is surrounded by strong-performing shopping centers, such as Clermont Town Center and Clermont Landing, which attract millions of visitors annually. Located in one of Central Florida’s fastest-growing cities, the population within a five-mile radius has grown over 41% since 2010, with continued strong growth projected.
Investment highlights
Built-to-Suit for Verizon Wireless in 2008, with Verizon Wireless Operating at this Location Continuously Since Then
Shadow Anchored by Lowe's Hobby Lobby and Crunch (Coming soon) | This Lowe’s Home Improvement Ranks in the Top 14 Percent of Lowe’s Locations Nationwide by Visits (Placer.ai)
Situated on the Signalized, Hard Corner Intersection of Route 50 and Sandhill View Blvd, which sees a Combined Traffic Volume of 51,500 Vehicles per Day
Surrounded by Top Ranked Shopping Centers with National Tenants Attracting Millions of Annual Visitors
One of Central Florida's Fastest-Growing Cities
Densely Populated and Affluent Trade Area | Average Household Income of $115,586 within a Five-Mile Radius
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