3350 W Southport Rd Kissimmee, FL 34746

Listing agency STNL

Listed by Thomas Thompson · License #FL SL3251930

Source Crexi

Added: Apr 12 Updated: Jul 22 at 3:18AM Checked: Jul 22 at 3:18AM

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Investment Insights

Based on property information with market context.

Southport Plaza is a shopping center currently 100% occupied. The tenant roster includes eight of ten tenants that have been in the center longer than eight years, with two tenants operating there for over fifteen years. The center’s leases are structured as triple-net agreements, with reimbursable costs including property taxes, building insurance, common area maintenance, and property management. Landlord responsibility is limited to the foundation and structural integrity of the buildings. All leases include yearly escalations for the greater of the CPI or 3.0%, or defined annual increases, and the lease documents are identical except for the first two pages containing the Summary of Terms. Medical-related tenants account for 72% of the center’s revenue.

The property is located at 3350 W Southport Rd in Kissimmee, Florida.

Key Highlights

• Southport Plaza is 100% occupied with 10 tenants in place
• Eight of the ten tenants have been in the center longer than 8 years, including two with over 15 years
• Triple‑net leases are in place, with reimbursable costs including property taxes, building insurance, common area maintenance, and property management

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FAQs

What type of property is this?

Shopping center - Southport Plaza is fully occupied with medical-related tenants generating 72% of revenue under triple-net leases.

Where is this shopping center located?

The property is located at 3350 W Southport Rd Kissimmee, FL.

What are key features of this property?

This property features: Southport Plaza is 100% occupied with 10 tenants in place; Eight of the ten tenants have been in the center longer than 8 years, including two with over 15 years; Triple‑net leases are in place, with reimbursable costs including property taxes, building insurance, common area maintenance, and property management