Clermont, FL - Mavis
$3,039,000
NEC Golden Eagle Blvd & US Hwy 27, Clermont (Orlando MSA), FL
5.1
Cap Rate
155,000
NOI
Details:
Description:
• The asset is located at the signalized, hard corner intersection of Golden Eagle Blvd & U.S. Highway 27 averaging 43,500 VPD
• Mavis is part of a new retail center that features Heartland Dental, McDonald’s, and more
• A new retail center is currently under construction across from the subject property on the Southeast corner of the intersection; the pads will feature The Learning Experience, Chase Bank, Big Dan’s Car Wash, a self-storage user, 1 retail pad, 1 QSR pad, and 1 multi-tenant pad
• U.S. Highway 27 a is major North/South retail and commuter thoroughfare serving Clermont and the surrounding trade areas
• Clermont has several new development projects under construction such as Olympus, a 250-acre development directly across Highway 27 from Lake Louisa State Park. When the development is completed, it will include over 1,000 residential units, 1,300 hotel rooms, a conference center, and over a million square feet of sports and entertainment venues and space
• Clermont is currently growing at a rate of 3.62% annually and its population has increased by 16.26% since the most recent census
Location

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