For Sale

Portillo’s | Clermont, FL

Asking Price: $7,113,000

  • Weighted Avg. Lease Term (WALT): 9.8 Years
  • Lease Type: Ground

Property Highlights

  • Brand-New 10-Year Ground Lease; Opportunity provides investors with a completely passive and stable income stream with absolutely zero landlord responsibilities
  • Rapidly Expanding Tenant; Portillo’s plans to open more than 900 locations within the next 20 years (84 locations currently with 4 more coming soon)
  • 3rd Fastest Growing Metropolitan Area; Clermont is part of the Orlando-Kissimmee-Sanford metropolitan area, which saw a 25.3% growth rate from 2010-2020
  • Excellent Underlying Real Estate; Site benefits from full access going both East & West from State Highway 50 (49,363 VPD); part of brand-new Clermont West Development