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8520 W Irlo Bronson Memorial Hwy

10,345 SF Retail Building Kissimmee, FL 34747 $4,200,000 ($406/SF)

Executive Summary

PROPERTY DESCRIPTION
Marcus & Millichap is pleased to present the opportunity to acquire 8520 W Irlo Bronson Memorial Hwy. Located just minutes from the gates of Disney World, this asset is situated in a rapidly growing tourist corridor with high traffic and visibility. The property features a 10,345-square-foot restaurant building with direct frontage on W Irlo Bronson Memorial Hwy, experiencing an average daily traffic volume of 59,500 vehicles. Occupying a 1.53-acre lot and offering a total seating capacity of 472 patrons, this location is well-suited for various business opportunities or users.
PRIME MARKET POTENTIAL
Orlando attracts over 74 million visitors annually, a number that is anticipated to grow to nearly 80 million by 2027, driven by the city’s expanding tourism and development landscape. Nearby Disney World alone draws over 58 million visitors each year, establishing this location as an ideal investment in a thriving tourist market.
ROBUST DEMOGRAPHICS AND GROWTH
The surrounding area has a resident population of over 96,574 within a 5- mile radius, with a projected growth rate of 8.7% over the next five years. The region’s robust demographic profile includes an average household income of $72,000, providing a solid base for retail and restaurant success. Additionally, major developments like Everest Orlando—a multi-billion- dollar entertainment and resort destination—are underway, promising to increase both visitor numbers and economic activity in the area, further enhancing this property’s potential as a strategic, high-growth investment

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,345 SF
Building Class
C
Year Built/Renovated
2005/2015
Price
$4,200,000
Price Per SF
$406
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.53 AC
Zoning
OTSC - Tourist Commercial Extremly Flexible Zoning
Parking
142 Spaces (13.73 Spaces per 1,000 SF Leased)
Frontage
147 FT on Irlo Bronson Memorial Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Nearby Major Retailers

Starbucks
On the Border
Longhorn Steakhouse
Bahama Breeze
Olive Garden Italian Rstrnt
Applebee's
Miller's Ale House
Hooters
Publix
  • Listing ID: 33772990

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 8520 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34747

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