Build-to-Suit Construction on Over-Sized 1.62±AC Parcel | Brand-New Corporate-Signed 15-Year Lease with Four (4), 5-Year Extension Options | Notably Above Average Rent. Located on S Orange Blossom Trail, a major thoroughfare in Kissimmee, FL, known for its high traffic volume and visibility. The area also offers convenient access to major highways, with Interstate 4 and the Florida Turnpike nearby, providing easy connectivity to other parts of the state and beyond. Osceola County is the 7th Fastest Growing County in the U.S. and 2nd Fastest Growing County in Florida. Site is also located a few miles away from #1 Fastest Growing County in FL [Polk County].
Notably Above Average Rent | Lease calls for a six (6) percent Rental Increase in Year 11, and at beginning of each Renewal Option Period
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.