- For sale
Sean Glickman, CCIM, with the Glickman Retail Team and Executive Managing Director at Colliers is proud to offer for sale a three (3) property portfolio in Kissimmee, FL. The offering contains a 4,998 SF Medical/Office building, a 9,620 SF retail/office building, and a 6,800 SF professional center. This offering contains necessity-driven tenants that are very e-commerce resilient and provide consistent and reliable draws to all of the properties. All properties are located with high visibility along well-traveled roadways, with ample parking, access and signage. The portfolio also benefits from land attached to East Oak Plaza, which is valued at $350,000.
The key to this property’s long-term success is diversification. The owner benefits from having 3 buildings & 15 smaller units that can easily be backfilled if a tenant were to leave. Each building caters to and accommodates a different type of user, ensuring consistent demand across multiple tenant types. Additionally, the property’s seasoned rent roll of quality tenants has a staggered lease expiration schedule, minimizing risk of turnover vacancy.
* Properties may be purchased individually.
- All properties have high visibility, good access and ample parking and mostly include service, E commerce and reception resilient tenants such as Subway, medical, salons, nail salons, barber shops, appliance repair and tutoring.
- These tenants show a long track record of success at their respective locations, with reliable, successful and need-driven businesses.
- All properties were developed by the seller with pride of ownership and have always been well maintained and are among the most attractive in the submarket, providing a great visual draw.
- East Oak Plaza is along E Oak Street, a roadway which sees over 18,100 AADT and has an additional land for future development.
- Michigan Oaks and Mill Creek Professional Center are located along Michigan Avenue, which sees 35,500 AADT.
- Additional parcel is attached to East Oak Plaza, which is valued at $350,000.