The TRG Group is proud to present this rare non-anchored retail strip center, strategically positioned as an outparcel to a high-performing Super Walmart in Kissimmee, Florida. With Walmart attracting over 2.5 million visitors annually, this center benefits from exceptional foot traffic and visibility. Additionally, it is surrounded by national brands such as Chick-fil-A, Dunkin’ Donuts, Aldi, Wawa, and Starbucks, further enhancing its retail draw.
Featuring NNN leases where tenants cover CAM, real estate taxes, and insurance, this investment offers minimal landlord expenses with some caps in place and a high occupancy history. Multiple tenants have remained in place since as early as 2005, demonstrating strong tenant stability. The center also presents an attractive value-add opportunity, with market rents just under $30 per SF (NNN)—leaving room for future rent growth.
A key highlight is the development potential of an additional outparcel, with half an acre available for a drive-thru coffee shop or quick-service restaurant, enhancing the center’s long-term value. Located at a signalized intersection with over 66,000 cars per day, this retail asset is positioned in a state with no income tax, providing a strong cash flow opportunity.