This Panda Express NNN Lease property in Clermont, FL presents an exceptional opportunity to acquire a brand-new, long-term retail investment backed by a nationally recognized tenant. Featuring a 20-year corporate-guaranteed ground lease, this newly constructed site provides investors with stable income, zero management responsibilities, and built-in rent growth—positioning it as a premier net lease asset in one of Florida’s fastest-growing markets.

Investment Highlights

Attractive Lease Fundamentals

• 20-year absolute NNN ground lease with no landlord responsibilities
• 8% rent increases every five years and during option periods
• Six (6) five-year renewal options ensuring long-term stability

Name Brand & Strong Corporate Tenant

• Panda Express operates over 2,460 locations nationwide
• Employs 47,000+ people with annual sales exceeding $3 billion
• Tenant-funded construction shows strong commitment to this location

New Construction on Major Highway

• Newly built site with modern architecture and operational efficiency
• Located along State Road 50 (55,000 vehicles per day)
• High visibility and easy accessibility for local and commuter traffic

High-Growth Clermont MSA

• Clermont projected to gain over 1,500 new residents weekly for the next decade
• Ranked as the 2nd fastest-growing metro from 2022–2023
• Employment growth forecasted at 2.1% for 2024 (vs. 1.4% national average)

Prime Retail Corridor – Costco-Anchored Center

• Positioned within a high-traffic retail node anchored by Costco Wholesale
• Surrounded by 850,000+ SF of retail space within one mile
• Nearby national tenants include Floor & Décor, Golf Galaxy, and Publix

Surrounded by Expanding Residential Growth

• Over 500 new apartment units within a one-mile radius
• Adjacent to Skyline at West Fall Station (300 units)
• Across from Broadstone Overlands (200+ units) and John’s Lake Landing (400+ units)