Electronics
Verizon Clermont FL
1415 E Hwy 50, Clermont, FL 34711
Listing Price: $3,890,658
Investment Overview
Built in 2008, this Verizon Wireless location has operated continuously for over 15 years and is secured by a net lease with over four years of term remaining. The property is shadow-anchored by major national retailers, including Lowe’s, Hobby Lobby, and Crunch (coming soon), with this Lowe’s ranking in the top 14 percent of stores nationwide by visits. Situated at a signalized intersection on Route 50 with over 51,500 vehicles per day and just 0.6 miles from Highway 27 (47,500 vehicles per day), the site benefits from high traffic exposure. It is surrounded by strong-performing shopping centers, such as Clermont Town Center and Clermont Landing, which attract millions of visitors annually. Located in one of Central Florida’s fastest-growing cities, the population within a five-mile radius has grown over 41 percent since 2010, with continued strong growth projected.
Verizon Clermont FL
Investment Highlights
- Built-to-Suit for Verizon Wireless in 2008, with Verizon Wireless Operating at this Location Continuously Since Then
- Shadow Anchored by Lowe's Hobby Lobby and Crunch (Coming soon) | This Lowe's Home Improvement Ranks in the Top 14 Percent of Lowe's Locations Nationwide by Visits (Placer.ai)
- Situated on the Signalized, Hard Corner Intersection of Route 50 and Sandhill View Blvd, which sees a Combined Traffic Volume of 51,500 Vehicles per Day
- Surrounded by Top Ranked Shopping Centers with National Tenants Attracting Millions of Annual Visitors
- One of Central Florida's Fastest-Growing Cities
- Densely Populated and Affluent Trade Area | Average Household Income of $115,586 within a Five-Mile Radius
Listing Price: $3,890,658
Investment Highlights
- Built-to-Suit for Verizon Wireless in 2008, with Verizon Wireless Operating at this Location Continuously Since Then
- Shadow Anchored by Lowe's Hobby Lobby and Crunch (Coming soon) | This Lowe's Home Improvement Ranks in the Top 14 Percent of Lowe's Locations Nationwide by Visits (Placer.ai)
- Situated on the Signalized, Hard Corner Intersection of Route 50 and Sandhill View Blvd, which sees a Combined Traffic Volume of 51,500 Vehicles per Day
- Surrounded by Top Ranked Shopping Centers with National Tenants Attracting Millions of Annual Visitors
- One of Central Florida's Fastest-Growing Cities
- Densely Populated and Affluent Trade Area | Average Household Income of $115,586 within a Five-Mile Radius
Investment Overview
Built in 2008, this Verizon Wireless location has operated continuously for over 15 years and is secured by a net lease with over four years of term remaining. The property is shadow-anchored by major national retailers, including Lowe’s, Hobby Lobby, and Crunch (coming soon), with this Lowe’s ranking in the top 14 percent of stores nationwide by visits. Situated at a signalized intersection on Route 50 with over 51,500 vehicles per day and just 0.6 miles from Highway 27 (47,500 vehicles per day), the site benefits from high traffic exposure. It is surrounded by strong-performing shopping centers, such as Clermont Town Center and Clermont Landing, which attract millions of visitors annually. Located in one of Central Florida’s fastest-growing cities, the population within a five-mile radius has grown over 41 percent since 2010, with continued strong growth projected.
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