Osceola Parkway Plaza
1600 W. Osceola Parkway, Kissimmee, Florida 34741
Sold: $15,800,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
80,270 sqft
Land Size
10.5 acres
Zoning
Retail
Parking
550 Parking Spaces
Property Description
This investment opportunity is anchored by Best Buy and has three outparcels including Olive Garden, Perkins and Discount Tires. Great upside with 18% vacancy. Located 20 miles from downtown Orlando in the middle of a busy retail hub. The site is directly across from “The Loop” which is a major regional retail draw for the area with over 430,000 square feet of retail with an outdoor theme and occupancy of over 98%. Immediately adjacent is The Loop West with over 412,000 square feet and is 95% occupied. The market contains many traffic generators such as BJ's, Lowes, Ross, Publix, HH Greg, Ashley's Furniture, JC Penny, Belks, Petco, Kohls and more.