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Multi-Tenant Retail Center — Kissimmee, FL

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Kissimmee, 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

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