Retail

McAlister's Deli | 2420 E Highway 50, Clermont, FL

2420 E Highway 20 Clermont, FL United States 34711
Asking Price
Sq. Footage
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2016

Property Description

The Property is a freestanding retail building that is tenanted by Texas Corral, LLC (a.k.a. Sun Holdings, Inc) (d/b/a McAlister’s Deli) on an NNN lease with no landlord responsibilities. The Tenant is a 98-unit franchisee operator of McAlister’s Deli’s with approximately 9+ years remaining on the lease with 4, 5-year renewal options. The Asset is located on State Road 50 (Highway 50) with traffic counts exceeding 62,500 VPD, near the Hancock Road (16,800 VPD) intersection . The Asset is located in within a neighborhood center with tenants such as Additional Financial, Ladybird Academy of Clermont, Bruster’s Ice Cream, OXXO Dry Cleaners, Waffle House, Dentist Office, Eye Doctor, and Family Medical Care

Investment Highlights

• NNN Lease – No landlord responsibilities

• New lease with 9+ Years remaining

• Extremely strong operator with 1,000+ franchise locations

• Strong visibility from State Road 50 – Main thoroughfare for Clermont

• Multiple points of ingress & egress; Three

• Positioned just outside of the National Training Center (TNC)

• The asset benefits from being located in Florida – an income tax-free state

Max Krzyminski
Max Krzyminski
Senior Associate, Capital Markets
Licensed in
FL - 3391790
John Krzyminski
John Krzyminski
Senior Vice President, Capital Markets
Licensed in
FL - 3318570

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