Property profile

3298 Margaritaville Blvd Kissimmee, FL 34747

OFF-MARKET
Retail properties & Spaces
46,804 SF Built 2018
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Property summary

AI-generated overview

This exceptional 2,856 square foot retail space, located within the vibrant Promenade at Sunset Walk in Kissimmee, Florida, presents a rare opportunity. Situated in a high-visibility end-cap location, this second-generation restaurant space is the first unit to become available in five years. The property is part of a 200,000 square foot lifestyle center, strategically positioned in the heart of Kissimmee's tourist district on West 192, offering unmatched visibility and proximity to Walt Disney World. Benefit from the significant draw of the adjacent Margaritaville Resort Orlando, attracting 3 million annual guests and boasting a $40 million water park and beach resort. The area features a substantial concentration of hotel rooms, including the resort itself, an Embassy Suites, apartments, and vacation homes, totaling approximately 5,000 rooms. This prime location offers the advantage of being surrounded by established and successful businesses such as Estefan's Kitchen, Ford's Garage, Rock and Brews, GameTime, Studio Movie Grill, Wharf, and Lizzie's BBQ, creating a thriving and synergistic environment. The single-story building was constructed in 2018 and is part of a larger 46,804 square foot development in Osceola County. This space is ideal for a restaurant or similar high-traffic retail business seeking a prime location within a bustling tourist destination.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 46,804 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3298 Margaritaville Blvd Kissimmee, FL 34747
Kissimmee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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