Sevilla Plaza | Kissimmee, FL
Sands Investment Group is Pleased to Present For Sale the Sevilla Plaza NNN Located in Kissimmee, Florida. All Tenants Are on Triple Net (NNN) Leases. Allows For Management Fee Equal to 15% of CAM. Market Rents are 50%+ Higher Than Current Rents, With 70% of GLA on Expired MTM Leases, Creating a Rare Investment Opportunity With Huge Value-Add.
- Potential to Increase Value 50%+ Through Bringing MTM Leases to Market Rents
- Majority of Tenants Are MTM, Providing Strong Opportunity to Adjust Rents to Market on Day 1
- All Tenants Are Triple Net (NNN)
- Leases Allow For Collection of Management Fee Equal to 15% of CAM
- One of the Fastest Growing County in Florida, Osceola County
- 20%+ Projected Population Growth Within 1-Mile
- 100% Occupied With Market Vacancy Under 4%
- Large Parcel With Room to Develop
- 284′ of Frontage With 2 Curb Cuts on Irlo Bronson Highway (US-192) With Over 60,000 VPD
- Monument Signage on Irlo Bronson Highway
In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953
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