Property profile

3355 Pleasant Hill Rd Kissimmee, FL 34746

OFF-MARKET
Lifestyle centers
4,405 SF 0.65 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents a fee-simple, 4,405 square foot shopping center in Kissimmee, Florida, boasting a 5.50% cap rate and a strong NOI of $176,000. The property is 100% occupied by two corporate tenants, AT&T and Stanton Optical, under long-term NNN leases (10 years remaining) with rent increases every five years. Built in 2024, this brand-new, upgraded construction features 31 parking spaces on a 0.65-acre lot. Located on Pleasant Hill Road in Osceola County (zip code 34746), the property benefits from excellent visibility and access to a high-traffic area with over 46,756 vehicles per day. The surrounding area is experiencing significant growth, with over 130,000 residents in the primary trade area, a new Valencia College campus nearby, and over 600 new homes under development within 1.5 miles. The property's strategic location near Bellalago, a large gated community, numerous K-12 schools, and Poinciana Medical Center further enhances its appeal. This is a stabilized investment with minimal landlord responsibilities, offering a compelling opportunity for long-term income and appreciation. The asking price is $3,204,000.

Property profile

Verified
Property type Lifestyle centers
Year built 2024
Total area 4,405 SF
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store

Location

3355 Pleasant Hill Rd Kissimmee, FL 34746
Kissimmee metro
Google Maps

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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