Auction Information
Lowe's 1.5 AC Outparcel - Orlando MSA
Lowes 1.5 AC Outparcel | Orlando MSA | 12% Population Growth
Marketplace Online Auction May 24-26, 2022
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Investment Highlights
1.5 AC Lowes Outparcel in the Rapidly Growing Community of Kissimmee, Florida
Nearby Traffic Drivers: Lowes, Liberty High School, CVS, KFC, 7-Eleven, Chipotle, OReilly, 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 Lowes Out...
Marcus & Millichap and RI Marketplace are pleased to present a 1.5-acre Lowes Outparcel located at 4451 S Poinciana Blvd (Property) in Kissimmee, Florida. The Property is positioned within the areas 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 Lowes, Taco Bell, AutoZone, 7-Eleven, Truist Bank, Chipotle, KFC, and CVS. Additional retailers in the area include Walmart, Aldi, Advance Auto Parts, Chase Bank, Zaxbys, 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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