1156 E Donegan Ave 9,600 SF 100% Leased Retail Building Kissimmee, FL 34744 $3,149,000 ($328.02/SF) 5.16% Cap Rate
INVESTMENT HIGHLIGHTS
- Busy avenue with heavy traffic
- 100% Leased
- Avenue connects to Orange Blossom trail and Michigan avenue.
EXECUTIVE SUMMARY
For sale: a highly profitable shopping plaza in the heart of Kissimmee, Florida. All eight spaces are fully leased with annual rent increases, located on a busy avenue that connects to other major city roads, providing excellent accessibility. With ongoing road expansions and connectivity improvements, this plaza offers substantial future growth potential.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Building in Shell Condition
Property Type
Retail
Building Size
9,600 SF
Building Class
C
Year Built
1988
Price
$3,149,000
Price Per SF
$328.02
Cap Rate
5.16%
NOI
$162,488
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
OCG - OCG/COMMGENBUS
Parking
40 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
198’ on Donegan Ave
AMENITIES
- 24 Hour Access
- Fenced Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-25-29-2991-0001-0030 | Improvements Assessment | $560,400 |
| Land Assessment | $355,600 | Total Assessment | $916,000 |
