For Sale
$3,204,000

3355 Pleasant Hill RdKissimmee, FL 34746

High-growth market, NNN leased, strong tenants.

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • High-growth market with over 130,000 residents in the primary trade area.
  • Excellent visibility and access, with 46,756 cars per day on a main retail corridor.
  • Adjacent to Valencia College's new 65,000 sq ft Poinciana campus, serving 3,500+ students.
  • Over 600 new homes are under development within 1.5 miles.
  • Adjacent to Bellalago, a 1,900-acre gated community with over 8,400 homes.
  • Strong daytime population of 104,043 within a 7-mile radius.

Property Details for 3355 Pleasant Hill Rd

Property type
Lifestyle centers, Power centers
Square Feet
4,405 SF
Year Built
2024
Lot Size (sq. ft)
28,314 SF
Units
2

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.1966702
Longitude
-81.4392721
3355 Pleasant Hill Rd, Kissimmee, Florida

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3355 Pleasant Hill Rd
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