Multi-Tenant Retail Center — Kissimmee, FL
ActiveKissimmee, FL · Osceola County · Retail
Overview
Multi-tenant retail strip center in Kissimmee near the US-192 tourist corridor. Currently 95% occupied with a strong mix of service and retail tenants. Significant value-add upside as three leases are below market rate and approaching renewal. Ideal for an investor seeking stable cash flow with near-term upside.
Investment Highlights
Value-add opportunity — below-market rents
95% occupied with strong tenant mix
Located near major tourist corridor
Potential to increase NOI by 20%+ at lease renewal
Upside Potential
Below-market rents on 3 of 5 units with leases expiring within 18 months — opportunity to push rents to market rate and increase NOI by 20%+.
Asking Price
$2,400,000
Cap Rate
7.2%
NOI
$172,800
Size
12,500 SF

