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Investment Summary

A bustling plaza in a great location, this fully leased retail/industrial commercial property is an exceptional opportunity for an investor wanting the best of both worlds! The facility is well-maintained with a range of units with 300 feet of great frontage visibility on North Orange Blossom Trail. This road is part of U.S. 92 which runs from St. Petersburg in the west to Daytona Beach in the east.
This is a rare investment with a mix of both industrial and retail in the same plaza! The owner will have the flexibility and diversity of appealing to both tenant types in an ever-changing market.
The popular location is within 10 to 15 miles of major theme parks including Disney World, SeaWorld Orlando, and tons of other attractions! Kissimmee is known for providing accommodations for the many visitors that come to the Orlando area! It is also a high-traffic location. This is a highly-sought after center for tenants wanting to open or relocate their business.
This suburban shopping strip has an ideal functional layout with retail spaces in the front and warehouses in the back. Ice House America LLC is also leasing a parking lot space at this location bringing in additional income! The retail and industrial spaces located at the Kissimmee Business Center are between N John Young Parkway and Florida's Turnpike. The property, 2634-2654 North Orange Blossom Trail, is located just off North Orange Blossom Trail south of Osceloa Parkway and north of Irlo Bronson Memorial Highway.
The Kissimmee Business Center has been carefully and diligently maintained by the highly-qualified and experienced Sunizo property management team. All new tenants have been vetted and their income has been verified. They have undergone criminal, credit, and eviction background checks.
The retail spaces in the front range from 900 square feet to 2,700 square feet, while the warehouse spaces in the back range from 1,500 square feet to 4,000 square feet. The facility has ingress/egress directly from North Orange Blossom Trail and via W. Fletcher Street. There is also adequate parking in the front of the main building and on the northern section of the buildings.
The tenants range from restaurants to automotive repair with a dual mix of commercial property types. This facility is a great match for an owner who wants a diversified property with healthy traffic for its tenants. With great access to main and major roads, this property boasts no vacancies with triple net leases providing added benefits for the owner, considering vendor rate fluctuations and increases in the modern market.

Investment Highlights

100% leased
Triple net leases (NNN)
Retail and industrial spaces
Ice House America leasing parking lot space
17 units total (900-4,000 square feet)
Retail: 13,800 square feet; Warehouse: 16,550 square feet
Virtual Tour Here:
https://app.immoviewer.com/portal/tour/1812815?accessKey=5ec1
Traffic Count: 38,500 Daily
Roof replaced in 2015 with a warranty in place through 2035
Front retail facade repainted in 2021
New LED lights installed
Parking lot resurfaced in 2022

Location Summary

Kissimmee is full of entertainment with booming businesses and activities for every industry. It is also just south of major metro Orlando. This location is within 10 to 15 miles of major theme parks including Disney World, SeaWorld Orlando, and Universal Studios. The Orlando International Airport is within 15 miles of the property. This center is east of Interstate 4 and also nearby a hospital, housing estates, and arterial roads.
The retail and industrial property is close to Downtown located at Kissimmee Main Street and Old Town Kissimmee. The region is also known for arts, culture, and golfing. According to the Kissimmee/Osceola County Chamber of Commerce, there are more than 45,000 accommodations in the city. Kissimmee is also known for its thousands of vacation home options. The area is experiencing an increase in commercial as well as residential construction. This combined with decreasing low vacancy rates is contributing to growth in the area. There is also no personal income tax as well as low corporate income tax.
These attractive spaces are located in Osceola County which is a 1,506-square-mile area. The county is bordered by Okeechobee, Brevard, Indian River, Orange, and Polk counties. Millions of tourist visit Osceola County every year because of the local and surrounding attractions. Tourism is a huge factor and economic driver in the region. The county also is a thriving agricultural community with ranch and citrus influences.
Osceola County is rich with nature, tourism opportunities, and extraordinary experiences. The county is full of creeks and includes Kissimmee Chain-of-Lakes which is a great location known for fishing. The city offers tons of outdoor activity opportunities. There are dozens of parks and recreation facilities and more than 20 acres of wildlife and native timber. The Central Florida region is home to many native wildlife including the American alligator, Bald Eagle, and Florida Panther. Kissimmee is home to several festivals and events as well! It is clear that the region offers unprecedented attractions alluring local, national, as well as international customers. Businesses thrive in this rich environment as the area is abundant with activity.