Description

This Panda Express NNN lease property in Clermont, Florida offers a premier opportunity to acquire a newly constructed, long-term retail asset backed by a nationally recognized tenant. The investment features a 20-year absolute NNN ground lease with zero landlord responsibilities, providing stable, passive income alongside 8% rent increases every five years and during option periods, as well as six additional five-year renewal options for extended security. Operated by Panda Express—an established brand with more than 2,400 locations nationwide, over 47,000 employees, and annual sales exceeding $3 billion—the tenant has also fully funded construction, underscoring its long-term commitment to the site. Strategically located along State Road 50 with exposure to approximately 55,000 vehicles per day, the property benefits from excellent visibility and accessibility within a high-traffic retail corridor anchored by Costco and surrounded by over 850,000 square feet of retail space. Positioned in the rapidly growing Clermont market—one of the fastest-growing metros in the country—the area continues to see strong population and employment growth, along with significant nearby residential development, including hundreds of new apartment units within a one-mile radius. Combining a high-credit tenant, prime location, and strong market fundamentals, this asset delivers reliable income and long-term appreciation potential in a thriving Florida submarket.