101 W. Vine Street, Kissimmee, FL 34741
63,000 square foot retail center with 4 tenants located in Kissimmee, Florida. The tenant roster includes Ross, Salvation Army, 7-11 gas/convenience store and a food vendor, Mighty Wings. The property will undergo a full exterior renovation includes a new building façade, parking lot resurfacing and landscaping. The original anchor tenant, Staples will be replaced with Ross stores on a new 10-year lease.
* SQUARE FEET: 63,000
* ACQUISITION DATE: December 2016
* ACQUISITION PRICE: $8,000,000
* RENOVATION COSTS: $600,000