Lowe’s 0.89 AC Outparcel | Orlando MSA | 18% Population Growth

Investment Highlights

• ±0.89 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
• Zoned Commercial | 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 ±76,951 and average annual household income of ±$65,616
• Tremendous 29% growth from 2010-2022 and future double-digit growth anticipated (5-mile radius)

 

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present a ±0.89-acre Lowe’s Outparcel located near 4420 Pleasant Hill Road (“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 0.89-acre outparcel within 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. The site benefits from visibility on South Poinciana Blvd with traffic counts of 17,464 vehicles per day and is near the signalized intersection with Pleasant Hill Road benefitting from an additional 56,921 vehicles per day.
    
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 2022 population of ±76,951 people and average household income of $65,616 within a 5-mile radius. The area has benefited from significant population growth of ±29.5% from 2010-2022 and will continue to benefit from a population that is expanding, with ±18.05% growth projected from 2022- 2027 (5-mile radius).

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