New BTS O'Reilly Auto Parts | Above Average Rent - Orlando MSA | Oversized 1.62±AC Lot

4433 S Orange Blossom Trail South Orange Blossom Trail Kissimmee, FL 34746

4433 S Orange Blossom Trail South Orange Blossom Trail , Kissimmee, FL, 34746
Subject + Ingress Egress
4433 S Orange Blossom Trail South Orange Blossom Trail , Kissimmee, FL, 34746 4433 S Orange Blossom Trail South Orange Blossom Trail , Kissimmee, FL, 34746 4433 S Orange Blossom Trail South Orange Blossom Trail , Kissimmee, FL, 34746
FOR SALE
Property Type:
Single Tenant Retail (NNN)
Amount:
$3,186,667
Cap Rate:
4.50%
Last Verified:
Apr 10, 2024

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Description

Build-to-Suit Design 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 I-4 and the FL Turnpike nearby, providing easy connectivity to other parts of the state. 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].

Highlights

  • Notably Above Average Rent | Lease calls for a six (6) percent Rental Increase in Year 11, and at beginning of each Renewal Option Period
  • Investment Grade Tenant, Rated 'BBB' by S&P / BAA1 (Moody's) [Nasdaq: ORLY]
  • Direct Frontage to US HWY 17 providing Exposure to Over 29,500±Vehicles per Day [South Orange Blossom Trail / US HWY 17 - 92]
  • Auto Part retailers historically perform well in all phases of the market cycle due to the 281.9 million vehicles on the roads in U.S.
  • Osceola County is the 7th Fastest Growing County in the U.S. and 2nd Fastest Growing County in Florida

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