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450 E HIGHWAY 50, Clermont, FL, 34711 | $82,500
Available for lease: approximately 2, 500 SF turnkey office and retail suite at Timberwolfe Plaza, located directly on East Highway 50 in Clermont. The suite features 75 linear feet of Highway 50 frontage with a dedicated 75 SF monument sign reserved for the incoming tenant, and 16 dedicated parking spaces.
The interior has been recently renovated with new luxury vinyl plank flooring throughout, fresh paint, and updated overhead lighting. The flexible layout includes four private offices measuring 190, 185, 110, and 110 square feet, a 1, 300 SF open showroom and work area, a plumbed kitchen and break room, two private restrooms, two bonus rooms (166 and 100 square feet) suitable for storage or supplemental office use, and a dedicated HVAC closet serving the suite.
The suite is well-suited for a wide range of commercial uses including professional services, medical and dental practices, insurance offices, law firms, title and escrow, real estate brokerage, financial services, wellness, salon, and service-oriented retail. Tenant to verify specific use with the City of Clermont Zoning Division.
Timberwolfe Plaza is a 12, 000 SF multi-tenant office and retail center built in 1997. The property is fully leased outside of the available suite, with an established tenant base in legal, healthcare, professional services, and food service. Located minutes from South Lake Hospital, Winn-Dixie, downtown Clermont, and the Florida's Turnpike. The trade area within 3 miles has a population of approximately 47, 500 with a median household income of $85, 377 and large forecasted population growth through 2030.
Asking rent: $33. 00/SF annually on a triple net basis. Estimated 2025 NNN expenses are approximately $5. 04/SF, representing the tenant's proportionate share of property taxes, insurance, and common area maintenance. Term, escalations, and security deposit subject to negotiation based on tenant credit. Three to five year initial term preferred. Tenant improvements not required given the turnkey condition.
Floor plan, demographics package, and full marketing materials available upon request. Showings by appointment.
Features
- Property Type: Office
- Construction: Concrete
- Levels: 1
- Cooling: Central Air
- Year Built: 1997
- Approx Sq. Feet: 14,848
- Acreage: 1.36
- Est. Taxes: $24,171
- Lease Terms: 3 to 5 Years
- MLS#: O6408836
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/O6408836/450ehighway50_clermont_fl?source=qrflyer
Listing courtesy of Compass Florida LLC Phone: 407-203-9441
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
450 E HIGHWAY 50, Clermont, FL, 34711
$82,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $66,000 | $66,000 | $66,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $2,014 | $2,014 | $2,014 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $406 | $428 | $553 |
| Total Monthly Payment | $2,495 | $2,517 | $2,642 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388