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    222 Broadway Kissimmee, FL 34741

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    For Lease
    Contact for pricing

    Prime Kissimmee Retail & Office Space

    Lot size:
    41,222 SF

    Property Features for 222 Broadway

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,222 SF
    Total Rate
    82444

    Building Details

    Year Built/Renovated
    2008/2024
    Stories
    3

    Spaces For Lease

    at 222 Broadway, Kissimmee, FL 34741 Contact us
    Unit Suite 300

    $24 /Mo

    Size
    12,286 SF
    Contact us
    Unit Suite 201

    $24 /Mo

    Size
    4,815 SF
    Contact us
    Unit 214 Broadway

    $27 /Mo

    Size
    2,349 SF
    Contact us
    Unit Suite 203

    $24 /Mo

    Size
    4,424 SF
    Contact us
    Unit 216 Broadway

    $27 /Mo

    Size
    2,933 SF
    Contact us
    Unit Suite 202

    $24 /Mo

    Size
    2,915 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Trey Gravenstein
    Trey Gravenstein

    Listing Agency: First Capital Property Group Listing Agent: Trey Gravenstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional three-story, 41,222 square foot building, located at 222 Broadway in Kissimmee, Florida, 34741, offers a unique blend of retail and office space. Completely renovated in 2024, the property boasts upgraded flooring, paint, elevators, and fixtures throughout. The building features seven suites, with a flexible layout allowing for various configurations. Second and third floors offer fully built-out medical and traditional office spaces, complete with private entrances, reception areas, waiting rooms, conference rooms, and exam rooms. The building sits on a 2.07-acre lot and includes 232 parking spaces in a private garage, supplemented by ample street parking. Its central location in Kissimmee's business district provides easy access to local amenities, and its proximity to HCA Florida Osceola Hospital and AdventHealth Kissimmee (a combined 644 patient beds) makes it an ideal location for medical practices. The property is zoned KB1 and has an APN of 22-25-29-1254-00CU-01C0 in Osceola County. This is a rare opportunity to acquire a fully renovated, multi-tenant building in a thriving Florida market. The building's modern amenities and strategic location make it an attractive investment for both owners and tenants. Contact us today to learn more about this exceptional property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Najib Kirmani, ... Physician FPA Clinical Research Medical Laboratory Dr. ADRIANA M. ... Pediatrician Reyes-Ortiz, Bolivia La ... Medical Clinic FPA Clinical Research: ... Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon Daycare Center Building Supply Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.405404136846
    Latitude
    28.294082629348

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    FAQs

    What type of property is this?
    Restaurant - Prime Kissimmee Retail & Office Space
    Where is this restaurant located?
    The property is located at 222 Broadway Kissimmee, FL.
    What is the lease rate?
    The lease rate is $24-$27 SF/Yr.
    What are key features of this property?
    This property features: Extensive interior and exterior renovations completed in 2024.; Property features a private parking garage.; New ownership and management team in place.
    (407) 872-0177 Call to check price and availability
    Request Owner's contact information
    222 Broadway Kissimmee, FL 34741
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    Kissimmee, FL 34741
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 Broadway Kissimmee, FL 34741
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Trey Gravenstein
    Trey Gravenstein
    Real Estate License ID: SL3297477
    (407) 872-0177 (407) 579-2219
    Learn more
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