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4000-4004 W Vine St

11,662 SF 100% Leased Retail Building Kissimmee, FL 34741 £2,445,900 (£210/SF) 7.09% Net Initial Yield

Investment Highlights

  • Located at lighted intersection with 100K cars/day. Main thoroughfare. All major retailers are in close proximity. Owner just dropped price by $300K

Executive Summary

Located on Hwy 192/Vine St which is the most heavily trafficked road in Kissimmee leading to Disney World. Recession Proof Stable Tenants providing a steady stream of income. Owner has reduced price by over $500,000 for a quick sale. Block Construction. Well maintained building. located at a signalized intersection. Major Intersection with 80,000 cars per day. Across from Osceola Sq Mall.

Property Facts Under Contract

Sale Type
Investment NNN
Sale Conditions
Design & Build
Property Type
Retail
Property Subtype
Storefront
Building Size
11,662 SF
Building Class
B
Year Built
2012
Price
£2,445,900
Price Per SF
£210
Net Initial Yield
7.09%
NOI
£173,501
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Land Acres
1.75 AC
Zoning
T5U - Allows for a large number of uses including multi family
Parking
62 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
173 ft on Vine St

Amenities

  • Bus Route
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum -

Nearby Major Retailers

Truist
Starbucks
WingHouse Bar & Grill
Walmart Neighborhood Market
Planet Fitness
Boston Market
Checkers
Bravo
Denny's
Golden Corral Buffet & Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-25-29-1562-0001-0200
Land Assessment
£739,844
Improvements Assessment
£585,081
Total Assessment
£1,324,926
  • Listing ID: 30615935

  • Date on Market: 09/01/2024

  • Last Updated:

  • Address: 4000-4004 W Vine St, Kissimmee, FL 34741

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