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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2711-2721 Irlo Bronson Memorial Hwy Kissimmee, FL 34744

5,860 SF 0.75 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 5,860 square foot retail building situated on a 0.75-acre lot in Kissimmee, Florida. The property boasts 100% occupancy with two tenants, Mattress Firm and Deca Dental, both under new 10-year NNN leases featuring 10% rental increases every five years and two five-year options to extend. Built in 2023, the building showcases a state-of-the-art design and high-quality construction. The property offers 40 parking spaces and is zoned B-3 (General Commercial). Strategically located on East Irlo Bronson Memorial Highway (State Hwy 192 & 441), it benefits from high traffic volume (over 48,000 vehicles per day) and convenient access to the Florida Turnpike (over 43,100 VPD). Its prime location as an outparcel to St. Cloud Commons, a 190,000 square foot shopping center anchored by major retailers, and its proximity to a dense retail corridor with numerous national tenants, including Walmart and Publix, ensures strong visibility and consistent consumer traffic. Further enhancing its appeal is the nearby Orlando Health St. Cloud Hospital (84 beds). The property's strong demographics include a 5-mile trade area with over 109,000 residents and 26,000 employees, boasting an average household income of $76,354. The asking price is $3,912,000, representing a 5.50% cap rate and a NOI of $215,136. The property's APN is 32-25-30-4990-0001-03R0. This is a compelling investment opportunity with significant long-term growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 5,860 SF
Lot 0.75 ac (32,670 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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