16775 State Route 50 | Clermont, FL 34711
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16775 State Route 50
Clermont, FL 34711
Tesla Sales, Service & Delivery · Retail Property For Sale
Investment Highlights
- Corporate Lease to Tesla, Inc. (NASDAQ: TSLA)
- Less than 20 Miles from Downtown Orlando
- Rare 15 Year Long-Term Lease Structure with Scheduled Increases
- Large 9.8 Acre Lot on Highway 50 with Expanded Parking Area and Monument Sign
Executive Summary
STRATEGIC LOCATION - STRONG INTRINSICS IN LINE WITH LONG-TERM TESLA STRATEGY
The property is an ideal site for a Tesla Sales, Service, & Delivery Center in line with the company’s site selection criteria. The property benefits from a prominent “auto row” location in close proximity to other auto dealerships, which Tesla has found increases both traffic and sales to their locations. The property is ideally situated to serve the greater Orlando and Lake County markets with excellent access to major arterials. Florida remains one of the largest markets for electric cars in the U.S. This is one of only two Sales, Service and Delivery Centers serving the market specifically drawing from the west side of Orlando including prominent communities like Windermere and Winter Garden market presently.
This property is listed in conjunction with Florida-licensed real estate broker Thomas Dixon | FL RE License #BK3167419 | (321) 594-6771 | tad@dixoncap.com
The property is an ideal site for a Tesla Sales, Service, & Delivery Center in line with the company’s site selection criteria. The property benefits from a prominent “auto row” location in close proximity to other auto dealerships, which Tesla has found increases both traffic and sales to their locations. The property is ideally situated to serve the greater Orlando and Lake County markets with excellent access to major arterials. Florida remains one of the largest markets for electric cars in the U.S. This is one of only two Sales, Service and Delivery Centers serving the market specifically drawing from the west side of Orlando including prominent communities like Windermere and Winter Garden market presently.
This property is listed in conjunction with Florida-licensed real estate broker Thomas Dixon | FL RE License #BK3167419 | (321) 594-6771 | tad@dixoncap.com
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
61,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Cap Rate
5.75%
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
9.84 AC
Parking
509 Spaces (8.34 Spaces per 1,000 SF Leased)
Frontage
1,248 ft on State Route 50
PROPERTY TAXES
| Parcel Number | 09-22-26-1100-002-00000 | Improvements Assessment | $9,283,618 CAD |
| Land Assessment | $6,003,846 CAD | Total Assessment | $15,287,464 CAD |
PROPERTY TAXES
Parcel Number
09-22-26-1100-002-00000
Land Assessment
$6,003,846 CAD
Improvements Assessment
$9,283,618 CAD
Total Assessment
$15,287,464 CAD
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