Restaurant
Applebee's
2050 E Hwy 50, Clermont, FL 34711
Listing Price: $2,400,000
Investment Overview
We are pleased to bring the Applebee’s in Clermont to market. This offering presents a stable, passive investment opportunity in one of Central Florida’s fastest-growing submarkets, located just northwest of Orlando.
The property is leased to Applebee’s and is guaranteed by Neighborhood Restaurant Partners, a well-capitalized operator with a portfolio of over 100 restaurant locations throughout the Southeastern United States. The lease has over five years of term remaining, providing near-term income stability.
Additionally, the asset benefits from significantly below-market rent, with the tenant currently paying $26.77 per square foot, creating a compelling long-term value proposition. This combination of strong tenancy, remaining lease term, and favorable rent positioning makes the property an attractive investment in a growing Florida market.
Applebee's
Investment Highlights
- Property is located on the main retail corridor of Clermont (Hwy 50) receiving 51,500 VPD!
- The tenant is paying $144,366 annually ($26.77 PSF), which is significantly below average rental rates for comparable casual dining properties in Clermont.
- Located in Clermont, which is one of the fastest growing cities in central Florida (Current annual growth 3.56%)
Exclusively Listed By
Financing By
Listing Price: $2,400,000
Investment Highlights
- Property is located on the main retail corridor of Clermont (Hwy 50) receiving 51,500 VPD!
- The tenant is paying $144,366 annually ($26.77 PSF), which is significantly below average rental rates for comparable casual dining properties in Clermont.
- Located in Clermont, which is one of the fastest growing cities in central Florida (Current annual growth 3.56%)
Investment Overview
We are pleased to bring the Applebee’s in Clermont to market. This offering presents a stable, passive investment opportunity in one of Central Florida’s fastest-growing submarkets, located just northwest of Orlando. The property is leased to Applebee’s and is guaranteed by Neighborhood Restaurant Partners, a well-capitalized operator with a portfolio of over 100 restaurant locations throughout the Southeastern United States. The lease has over five years of term remaining, providing near-term income stability. Additionally, the asset benefits from significantly below-market rent, with the tenant currently paying $26.77 per square foot, creating a compelling long-term value proposition. This combination of strong tenancy, remaining lease term, and favorable rent positioning makes the property an attractive investment in a growing Florida market.
Exclusively Listed By
Financing By
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