1100 W Osceola Pkwy., Kissimmee, FL

The Crosslands

Asset description

Jones Lang Lasalle, Inc. (“JLL”) has been engaged exclusively as the advisor for the sale of The Crossroads, a regionally dominant 529,212 square feet grocery-anchored center in the dynamic Kissimmee submarket within the high growth Orlando MSA. Completed between 2014 and 2016, the Property is currently 95.7% leased to an extensive line-up of best-in-class national retailers that perform strongly and rank top among their respective chains.

Strategically located along Osceola Parkway between Florida’s Turnpike and Interstate-4, the property benefits from a high traffic, regionally accessible location surrounded by outstanding demographics and demand drivers.

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Attributes

Building area net

529,212 sf

Occupancy

95.7%

Year built

2014

Land area net

71.2 acres

WALT

4.3 years

Media

Investment highlights

STRONG PERFORMING, BEST-IN-CLASS TENANCY AND PROVEN RETAIL SUBMARKET
SIGNIFICANT EMBEDDED VALUE ENHANCEMENT POTENTIAL
HIGH PROFILE LOCATION WITH EXCEPTIONAL DEMOGRAPHICS, BOOMING SURROUNDING RESIDENTIAL GROWTH AND DEMAND DRIVERS
HIGH DEMAND SHOP SPACE WITH SUBSTANTIALLY BELOW MARKET IN-PLACE RENTS
EXCEPTIONAL TENANT ROSTER WITH THE AREA'S LARGEST CONCENTRATION OF INDUSTRY LEASING RETAILERS