Shopping Neighborhood
Legends Pointe
4300 S Hwy 27, Clermont, FL 34711
Listing Price: $12,000,000
Investment Overview
Marcus and Millichap is pleased to present the opportunity to
acquire Legend's Pointe in Clermont, Florida. Legend's Pointe is a two-building mixed-use retail and medical office property spanning 43,960 square feet on a 4.31-acre lot. Legend's Pointe is freshly renovated with a new coat of paint, a striped and sealed parking lot, updated bathrooms in the common areas, and much more. This asset has been well maintained and is in exceptional condition. Situated with direct frontage on HWY 27, it benefits from 36,000 VPD, providing significant exposure and daytime
traffic for tenants. The Clermont submarket is expected to grow by over 10% over the next four years.
Investment Highlights
- 7.31% In Place Cap Rate.
- Strong 4-5% Yearly Rent Increases.
- 67% NNN Leases, In Exception For Shared Smart Of
- Freshly Renovated With New Paint, Striped And Sealed Parking Lot
Exclusively Listed By
Financing By
Listing Price: $12,000,000
Investment Highlights
- 7.31% In Place Cap Rate.
- Strong 4-5% Yearly Rent Increases.
- 67% NNN Leases, In Exception For Shared Smart Of
- Freshly Renovated With New Paint, Striped And Sealed Parking Lot
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire Legend's Pointe in Clermont, Florida. Legend's Pointe is a two-building mixed-use retail and medical office property spanning 43,960 square feet on a 4.31-acre lot. Legend's Pointe is freshly renovated with a new coat of paint, a striped and sealed parking lot, updated bathrooms in the common areas, and much more. This asset has been well maintained and is in exceptional condition. Situated with direct frontage on HWY 27, it benefits from 36,000 VPD, providing significant exposure and daytime traffic for tenants. The Clermont submarket is expected to grow by over 10% over the next four years.