Multi-Tenant Shopping
For Sale
$2,590,000
201 W Cypress St, Kissimmee, FL 34741
Fully leased retail center with access to major regional roadways and established commercial and residential surroundings.
Property Size15,000 SF
Price / SF$172.67
Days on Market152
Property Features for 201 W Cypress St
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Shopping Neighborhood
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
Value-Add Opportunity Through Lease Conversion: All current tenants are operating under gross leases, creating a clear path for future NOI growth through converting leases to NNN.
Individual Condo Units: The property is compromised of 10 individual condo units providing investors with added flexibility for future ownership structure.
Ample On-Site Parking: The property offers ~60 parking spaces, providing convenient access.
Attractive Entry Point Below Replacement Cost: Offered at approximately $172/SF, the Property presents an attractive entry point for a fully occupied multi-tenant industrial/flex asset in the growing Kissimmee market.
Flex Use Potential: Select units are equipped with roll-up doors, providing added functionality for tenants.
Additional Upside: Current Net rents sit at $14.47/PSF vs. Market $31.32 PSF (Per CoStar).
Strategic Central Kissimmee Location: Positioned just off W Vine Street (US-192), one of Kissimmee's primary commercial corridors with traffic counts exceeding 46,000 VPD, offering excellent accessibility.
Strong Regional Connectivity: The Property benefits from immediate access to US-192, John Young Parkway, Osceola Parkway, Florida's Turnpike, and Interstate 4, allowing convenient access throughout the greater Orlando MSA.
Building Details
Building Size
15,000 SF
Year Built
1999
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Tarek Chbeir · License #License(s): FL: SL3449535
(407) 557-3834
Source:
Marcusmillichap
Added: May 20
Changed: Oct 2
Last Checked: Oct 16 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orlando
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Investment Insights
Based on property information with market context.
This 15,000-square-foot shopping center, built in 1999, contains multiple retail spaces and is fully leased. The property currently operates under gross lease structures, with a reported Year 1 CAP of 7.30%. Located at 201 West Cypress Street in Kissimmee, the center sits near W Vine St (US-192), John Young Parkway, Osceola Parkway, Florida’s Turnpike, and I-4. The surrounding area includes national retailers, schools, healthcare providers, major employers, and dense residential neighborhoods. HCA Florida Osceola Hospital and Kissimmee Gateway Airport are also identified nearby. The property is within the greater Orlando MSA and has approximately 228,355 residents within a five-mile radius, with that population projected to reach 246,866 by 2030.
Key Highlights
- 15,000‑square‑foot multi‑tenant shopping center
- Fully leased retail property
- Built in 1999
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,948
Businesses Nearby
131k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 28%
Apparel 12%
Home Improvements & Furnishings 3%
McDonald's
Dining
31,725 visits/mo
0.3 miles
Ross Dress for Less
Apparel
16,012 visits/mo
0.1 miles
Chase Bank
Shops & Services
12,490 visits/mo
0.2 miles
Wendy's
Dining
11,042 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
7,693 visits/mo
0.1 miles
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with access to major regional roadways and established commercial and residential surroundings.
Where is this shopping center located?
The property is located at 201 W Cypress St Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 15,000‑square‑foot multi‑tenant shopping center; Fully leased retail property; Built in 1999
