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AT&T & Stanton Optical Strip Center

3355 Pleasant Hill Rd, Kissimmee, FL, 34746
For Sale

Property Details

  • Price: $3,204,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 5.50%
  • Lot Size: 0.65 AC
  • Lease Type: NNN
  • Lease Term: 10 years
  • Year Built: 2024
  • Tenancy: Multi Tenant
  • Available SF: 4,405 SF

Property Description

SECURE INCOME STREAM

  • 100% Occupied – Stanton Optical (Corporate) and At&t (USA Wireless)
  • Strong Operators and Guarantors – Stanton Optical has 278 Locations, USA Wireless Operates 140 Locations
  • Long-Term Leases with Increases – 10 Year Leases with 10% Increases Every Five Years
  • Brand New 2024 Construction – Upgraded Block Construction, Minimal Landlord Responsibilities
  • NNN Leases – Tenants Reimburse for their Pro-Rata Share of Taxes, Insurance, CAM and Management Fee
  • Located within Brand-New Commercial Development – Including Starbucks, 7-Eleven and Heartland Dental

PROXIMITY

  • High-Growth Market – Over 130,000 Residents in Primary Trade Area
  • Excellent Access and Visibility to 46,756 Cars/Day – Along Main Retail Corridor
  • Next to Valencia College – A New 65,000 SF Poinciana Campus with 3,500+ Students
  • Over 600 New Homes Under Development – All within 1.5 Miles
  • Adjacent to Bellalago – A 1,900 Acre Gated Community with Over 8,400 Homes
  • Strong Daytime Population – 104,043 in Trade Area within 7 Miles
  • Surrounded by Several K-12 Schools – With a 2,117 Combined Students
  • Situated within Brand New Retail Development Project – Includes Starbucks, 7-Eleven and Heartland Dental
  • Minutes to Poinciana Medical Center – 150k SF Hospital with 400 Employees
  • 18 Miles to Walt Disney World – 30 Miles to Downtown Orlando

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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