CVS & Krispy Kreme

5310 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

Description Trophy signalized hard-corner offering featuring a corporate guaranty from CVS. Both tenants have operated at this location for over 20 years, benefiting from booming population growth and tremendous visibility to 50,000+ VPD, minutes from Disney World. Highlights Massive 2.61 acre parcel featuring drive-thru components for two of the three buildings CVS, which recently exercised their first renewal, has operated at this location for over 20 years and features extremely rare 10% rent increases at each option period and currently pays $18.39 in ground rent Krispy Kreme has operated at this location since 2000 and features 10% rent increases every 5 years CVSs Lease features a corporate guaranty from CVS Corporation Situated on a signalized hard-corner parcel with multiple points of ingress/egress Located minutes from Disney World: the #1 most visited destination in the country, generating $40.3B in economic impact across Florida in 2023

Contact

Broker or Owner Contact
Andrew Klontz
,
Phone: (301) 502-7966
ak@cppcre.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1359
Building Size 14515
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 6610000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.3320323
Longitude -81.4963667
County Osceola County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider