Dunkin' Donuts Plaza
5341 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
Property Type: Retail
Area: 17,014 SF
- 17,014 Square Foot Retail Center
– Anchored by Dunkin Donuts
– Broad Frontage on US-192
– Traffic Counts of 52,500 VPD
– Access from Left Side of Road
– Reasonable Rents
– Tremendous Growth Area
This retail strip center is located in Kissimmee Florida, part of the Orlando MSA. The building features broad visibility from (US-192) Irlo Bronson Memorial Highway with traffic counts over 52,000 vehicles per day. The anchor tenant, Dunkin’ Donuts, has been in place since 1991 and has recently extended their lease through 2023, providing a long term anchor for this 17,014 sf retail center built in 1991.
This 2.04 acre site is located just one parcel off the lighted intersection of US-192 and Polynesian Boulevard and serves local residents as well as surrounding resort and hotel guests. The property is just five miles East of Walt Disney World®, one of the world’s most successful entertainment and tourist destinations with more than 60 Million visitors each year.
2960 Vineland Road, Kissimmee, FL 34746
Property Type: Retail
Area: 13,250 SF
- 2 Story Retail Strip in Kissimmee, FL
– Minutes from Disney and Sea World
– Signalized Hard Corner
– Many National Retailers & Restaurants Nearby
– 5 Mile Population over 112,000, $61,000 Average Income
– Strong Economic Boost from Year Round Tourism
This 2 Story Strip Center offers a rare opportunity to buy real estate in the heart of Orlando’ s world famous tourist corridor. Minutes from Disney and Sea World, the property benefits from excellent real estate. The signalized hard corner location is surrounded by National Restaurants & Retailers and benefits from solid residential demographics as well as a strong economic boost from year round tourism!
The downstairs portion of the building was formerly a 7500 SF Edwin Watts Golf Store. A Pro Forma CAP Rate of 9.5% can be achieved by leasing vacant spaces at market rents. There is upside potential in dividing the 7500 SF space into smaller units and achieving rents of $18 NNN, generating an additional value of about $1,000,000 with the extra $6 SF in rent.
Fantasy Plaza offers an investor the rare opportunity to buy Value Add Real Estate on a signalized hard corner, surrounded by national retail with good demographics. World class attractions and theme parks bring 100’s of millions of dollars to the local economy and fuel continuing growth for area businesses.