3298 Margaritaville Blvd Kissimmee, FL 34747
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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