• For sale
Shoppes at Kissimmee
Shoppes at Kissimmee
Shoppes at Kissimmee
Shoppes at Kissimmee
Shoppes at Kissimmee
Shoppes at Kissimmee
Shoppes at Kissimmee

For Sale

$7,789,146 USD

Sean Glickman, CCIM, with the Milano–Glickman Retail Investment Team and Executive Managing Directors at Colliers International are proud to offer for sale the Shoppes at Kissimmee. This 74,520 SF shopping center is fully occupied with a tenant roster dominated by national brands (91% of the GLA and 86% of the PGI) and boasts anchor/junior anchor tenants including Ross Dress For Less, Bealls Outlet and Dollar Tree. The property is strategically located at the hard-signalized intersection of two of Kissimmee’s busiest roadways and is positioned alongside many other national retailers. This is an ideal opportunity to acquire a stabilized asset leased to value-oriented tenants that continue to thrive despite the growing presence of e-commerce.

  • Anchored by Ross Dress For Less and Bealls Outlet, and Dollar Tree

  • Greenberg Dental recently expanded and renewed for 10 years, providing a stable medical component to the property

  • Ross is paying significantly below market rent

  • Beall’s Outlet store sales are above-average and are growing by more than 7.0% year over year

  • Average rental rates and CAM charges are below market

  • Additional billboard income is included in the offering

  • Minimal lease expirations in the next four (4) years with a staggered lease expiration which allows for minimal turnover vacancy risk

  • 91% of the GLA consists of national, credit brands

  • Value-oriented retailers that are E-commerce resilient

  • Exceptionally high traffic counts – over 112,500± AADT

  • Limited competition from other shopping centers

  • $1.25 million spent on capital improvements

  • Excellent frontage, access and visibility from both major arteries and a hard signalized intersection.

  • Orlando is the tourism capital of the world with over 75 million visitors a year

  • Directly across from a Publix Supermarket

  • Close to Sunrail station and all tourist attractions such as Walt

  • Disney World, Universal, SeaWorld, International Drive and more

Property Details