Clermont Heights Plaza - 1495 Florida 50, Clermont, FL 34711

RAPIDLY GROWING SUBMARKET OF THE ORLANDO MSA

• Clermont has been experiencing rapid growth over the past decade with many residential and commercial developments being completed and proposed. 


• Given its close proximity to many major highways, Clermont is a well-positioned suburb in the Orlando MSA that offers middle class families a place to grow. 


• The retail market boasts national anchor tenants such as JC Penney, Target, Lowe’s, Publix, Home Depot, Hobby Lobby, Kmart, Gold’s Gym, BJ’s, Walmart Supercenter, LA Fitness, Ross, Dollar Tree, Michael’s, and many more.

IDEAL ROSTER OF NATIONAL, CREDIT-WORTHY TENANTS

• Chipotle has a corporately guaranteed lease and the company has more than 2,000 locations.


• Mattress Firm has a corporately guaranteed lease and the company has more than 2,600 locations. 


• Papa John’s is a national brand and the operator (former COO of the Papa John’s Corporation) is one of the largest and strongest franchisees in the country with over 52 locations in Florida. 

PASSIVE INVESTMENT WITH LITTLE MANAGEMENT RESPONSIBILITIES

• The property is 100% leased by national, credit-worthy tenants. 


• All of the leases are triple net and the tenants reimburse for all CAM charges, insurance charges, and real estate taxes.


• Chipotle and Mattress Firm have been tenants since the strip center was developed in 2008.

GOOD FRONTAGE ALONG MAJOR ROADWAY

• Well positioned at the hard corner of West Colonial Drive (S.R. 50) and Entrance Road. 


• Great frontage along West Colonial Drive (S.R. 50) which sees 48,500 VPD.


• The property is an outparcel to Lowe’s Home Improvement, Hobby Lobby, and Dick’s Sporting Goods.