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Shopping Neighborhood

Legends Pointe

4300 S Hwy 27, Clermont, FL 34711

Listing Price: $12,000,000

Cap Rate
7.31%
Gross SF
43,960
Rentable SF
36,604
Price/Gross SF
$272.98
Lot Size
4.31 acres
Year Built
2006

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

Shopping Neighborhood

Legends Pointe

Listing Price: $12,000,000

Cap Rate
7.31%
Gross SF
43,960
Rentable SF
36,604
Price/Gross SF
$272.98
Lot Size
4.31 acres
Year Built
2006

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.

Exclusively Listed By

Financing By

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