4769 West Irlo Bronson Memorial Highway

Highlights:

• Well-located parcel benefiting from a high volume of tourism and local traffic on W192 with over 53,000 VPD – the main East-West corridor leading to Interstate-4, Walt Disney World, and countless other tourist destinations and employers.
• Stabilized retail center strategically positioned as an outparcel with multiple points of ingress/egress, including direct access to Sam’s Club.
• Landlord favorable lease structure for future investor upside.
• The center’s mix of destination and service based tenants provides a stable rent roll as we see a shift in tenant criteria for restaurants and other retail tenants.
• Over $2 Billion in planned, approved, and active development and redevelopment in a two mile radius, which will continue to increase the amount of consumer traffic for tenant demand in the immediate area.

Description:

Jones Lang LaSalle (“JLL”) Capital Markets is
pleased to exclusively offer for sale this 100%
occupied multi-tenant retail strip center (the
“Property”) in Kissimmee, FL – which borders
Orlando as the #1 travel destination in the
United States. The Property is a newly renovated
building strategically located on West Irlo
Bronson Memorial Highway, more commonly
known as W-192, one of Central Florida’s main
East-West thoroughfares; only 4.3 miles from
Interstate-4 and 5.50 miles from the Disney
World resorts and theme parks.
The subject property is located in NW Kissimmee
and originally constructed in 2008. More recently,
the Property has undergone renovations in late
2019 & early 2020. A principal city of Orlando,
Kissimmee, Sanford, MSA, the Property is
positioned on the north side of Irlo Bronson
Memorial Highway 0.64-miles east of 535.
Sitting on 1.58 acres with a 10,200 square foot
building comprised of five units, the Property
is a well-positioned out parcel to a Sam’s Club,
with approximately 200 feet (+/-)* of frontage on
W-192.