3355 Pleasant Hill Rd Kissimmee, FL 34746
- Lifestyle centers
- 4,405 SF
- 0.65 lot acres
Current Use by Public Records
- AT&T Store / Cell Phone Store / Cell Phone Accessory Store
Property Details for 3355 Pleasant Hill Rd
- Year built
- 2024
- Lot size
- 0.65 lot acres
- Property size
- 4,405 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4393
- Latitude
- 28.1967
