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1251 E Highway 50
Clermont, FL 34711 Johns Lake

Price Upon Request

Freestanding For Sale  •  7,900 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,900 SF
  • Lot Size 2.98 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Single
  • Zoning PD
0 Transit Score
46 Walk Score

Highlights

Brand-New 10-Year Ground Lease; Opportunity provides investors with a completely passive and stable income stream with zero landlord responsibilities
Industry-Leading Tenant; Portillo’s reported an AUV of $9.1M in 2023; 4th highest AUV of all restaurant chains in the country (min. 50 locations)
Rapidly Expanding Tenant; Portillo’s plans to open more than 900 locations within the next 20 years (84 locations currently with 4 more coming soon)
3rd Fastest Growing MSA; Clermont is part of the Orlando-Kissimmee-Sanford metropolitan area, which saw a 25.3% growth rate from 2010-2020
Excellent Underlying Real Estate; Site benefits from full access going both East & West from State Hwy 50 (49,363 VPD) part of brand-new Clermont West

Public Transportation

AirportDriveWalkDistance
Orlando International 42 min - 32.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 146
Type: Surface
Included in Rent: Yes