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Lowe's 1.5 Acre Outparcel

4451 S Poinciana Blvd : Kissimmee, FL 34758

Osceola County, Florida

1.50 Acres
Land Auction
May 24, 2022 11:00 AM
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Property Description

Lowe's 1.5 AC Outparcel | Orlando MSA | 12% Population Growth.

Marketplace Online Auction May 24-26, 2022

All bidders must register with marketplace to participate in the auction event, see details below to register.

Investment Highlights

±1.5 AC Lowe's Outparcel in the Rapidly Growing Community of Kissimmee, Florida

Nearby Traffic Drivers: Lowe's, Liberty High School, Cvs, Kfc, 7-Eleven, Chipotle, O'Reilly, AutoZone, Walmart, Publix, Aldi, and more

Osceola County Offers Many Economic Incentive Opportunities Including Fast Track Permitting

±30 miles from Downtown Orlando | ±15 miles from Disney World

Attractive demographics with 5-mile population of ±72,097 and annual household income of ±$65,879

Tremendous 21% growth from 2010-2021 and future double-digit growth anticipated (5-mile radius)

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present a ±1.5-Acre Lowe's Outparcel located at 4451 S Poinciana Blvd (“Property”) in Kissimmee, Florida. The Property is positioned within the area's dominant retail corridor and offers an exceptional investment opportunity for high profile development in the rapidly growing central Florida market.

The Property consists of a 1.5-Acre outparcel at the entrance of The Pointe, a regional shopping center with national tenants including Lowe's, Taco Bell, AutoZone, 7-Eleven, Truist Bank, Chipotle, Kfc, and Cvs. Additional retailers in the area include Walmart, Aldi, Advance Auto Parts, Chase Bank, Zaxby's, Sonic, and Dunkin', further driving consumers to the area.

Kissimmee is the largest city and county seat of Osceola County. Kissimmee has evolved from a transportation hub in the late nineteenth century into one of the top vacation destinations in the world. Tourism and hospitality are at the heart of the local economy. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2021 population of ±72,097 people and average household income of $65,879 within a 5-mile radius. The area has benefited from significant population growth of ±20.92% from 2010-2021 and will continue to benefit from a population that is expanding, with ±12.57% growth projected from 2021- 2026 (5-mile radius).

Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: Au93

Fisher Auction Co: Ab106

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More Property Details

Commercial Zoning
COMMERCIALFLIP ID
318292
Posted on COMMERCIALFLIP
31 Days Ago
Last Updated
27 Days Ago
Views
359
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