Overview
Red Wolf Property is pleased to offer for sale Plaza on Main, a fully stabilized community center that is anchored by national tenants such as AutoZone and Grifols Biomat USA. The center also benefits from regional operators Elegant Beauty Supplies (17 Florida locations), Rent A Center and innovative bin store concept, Prime Deals. Plaza on Main is being offered for sale for the first time in nearly thirty years.
Investment Highlights
Plaza on Main offers a complementary mix of traditional retail tenants (AutoZone, Rent A Center, restaurants, etc.) as well as more innovative uses such as Prime Deals, Grifols Biomat USA. Plaza on Main is an ideal reflection of the local community.
Strong National and Regional Anchors
- National credit tenants account for over 46% of Base Rent Revenue and nearly 52% of the GLA.
- Value-oriented anchors (AutoZone, Grifols BioMat and Elegant Beauty Supplies) historically remain stable during economic uncertainty.
Stable Rent Roll
• Plaza on Main doesn’t have any tenants coming up for renewal in 2026 and only 21% of the tenants (by GLA) come up for renewal before 2030.
Growing Population
• Osceola County grew by 3.6% from 2022 to 2023 and is projected to grow by another 50% by 2040. The in-place zoning (T5-U, mixed-use urban core) allows for transit oriented developments characterized by higher densities which makes future redevelopment attractive.
Prominent Visibility and Signage Along Heavily Trafficked N. Main Street
• Plaza on Main has over 530 feet of frontage along heavily trafficked N. Main Street (35,000 VPD). N. Main Street provides direct connection to both Vine Street (57,000 VPD) and Osceola Parkway (46,000 VPD).
Photo Gallery
