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1345 E Osceola PkwyKissimmee, FL 34744
EoS Fitness | Brand New STNL Prototype | Orlando MSA
Asset ClassRetail
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Overview

The NNN Fitness Group of Marcus & Millichap is pleased to present a brand-new, ground-up EOS Fitness prototype facility in Orlando MSA, one of the hottest markets in the country. The subject property is ideally situated in the high-growth submarket of Kissimmee, co-anchoring the transit-oriented Gateway Station along with one of the highest performing WalMart Supercenters within the region with 3.1M annual visits. With a thriving local economy and booming development in the surrounding area, this investment offers tremendous safety with the fitness industry’s fastest growing Tenant.

 

Kissimmee, FL is experiencing significant economic and population growth, with over 54K new residents between 2022 and 2023. The property benefits from its access and exposure to Osceola Parkway and Florida’s Turnpike serving a combined 135,900 vehicles per day.  Moreover, the subject property sits adjacent to Tupperware Train Station and Atlis Twin Lakes with 346 luxury apartments coming in 2025.  The surrounding area continues to expand with residential and commercial developments and is located less than 2 miles from the new Tupperware headquarters and The Crosslands, a new contemporary retail complex with 450,000 square feet of well-known national stores.

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Investment Highlights

  • Brand New 15 Year NNN Lease
  • High Growth Area
  • Prime Transit Location
  • Dominant Retail Hub Location
  • Opportunity Zone Incentive

INVESTMENT OVERVIEW

DEAL POINTS
PRICE
$15,986,500
CAP RATE
6.50%
NOI
$1,039,122
GLA
42,000 SF
LOT SIZE
2.42 AC
YEAR BUILT
2024
LEASE TYPE
NNN
OWNERSHIP
Fee Simple
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1345 E Osceola PkwyKissimmee, FL 34744
Walt Disney World

INVESTMENT CONTACTS

Ryan NeeBroker of Record

License #: Lic #: BK3154667

(954) 245-3400ryan.nee@marcusmillichap.com
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Listing provided by Revere CRE