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EoS Fitness | Brand New STNL Prototype 1345 Osceola Pkwy Pky

42,000 SF Retail Building Kissimmee, FL 34744 $15,986,500 ($381/SF) 6.50% Cap Rate

Investment Highlights

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

Executive Summary

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.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Building Size
42,000 SF
Year Built
2025
Construction Status
Under Construction
Price
$15,986,500
Price Per SF
$381
Cap Rate
6.50%
NOI
$1,039,122
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Land Acres
2.42 AC
Opportunity Zone
Yes
Parking
744 Spaces (17.71 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • EoS Fitness
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
EoS Fitness Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
  • Listing ID: 32957129

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 1345 Osceola Pkwy Pky, Kissimmee, FL 34744

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