2890 Osceola Pkwy - Retail FOR SALE


Kissimmee, FL 34743- Lake Toho
$6,195,000 USD
407-808-1657
2890 Osceola Pkwy, Kissimmee, FL for Sale
$6,195,000 USD
Retail - FOR SALE
1/10
null | 4.6% Cap Rate

2890 Osceola Pkwy
Kissimmee, FL 34743
Lake Toho


HIGHLIGHTS

  • Brand new 20 year lease with Wawa
  • Corporate guaranty from Wawa, Inc. Investment grade credit with a Fitch rating of BBB
  • Fixed 10% rental increases throughout the entire lease including options
  • Brand new Wawa prototype with their new mobile fly-thru/drive-thru window.
  • Densely populated high growth market with avg income over $100K
  • Large efficient parcel at high traffic signalized intersection

OVERVIEW

CBRE is pleased to exclusively present a brand-new 20-year absolute NNN Wawa ground lease with a highly sought-after single-tenant, triple-net operator on an efficient 2.24-acre parcel at a high-traffic, signalized intersection in Kissimmee, FL (Orlando Metro) with exceptional visibility and access. The site is directly adjacent to a busy Walmart Neighborhood Market that generates substantial daily traffic and demand. The lease includes fixed rental increases throughout the term and provides truly hands-off ownership with no landlord obligations. The asset benefits from proximity to Lake Nona, a 17-square-mile, master-planned community anchored by Lake Nona Medical City that delivers a strong employment base, innovation and life-science clusters, high-quality schools, extensive recreational and retail amenities, technology-forward infrastructure, and a track record of sustained population and economic growth—factors that support long-term retail demand and premium tenant performance. The property also benefits from immediate proximity to the forthcoming Hilliard Isle master-planned community, a nearly 900-acre mixed-use development expected to begin construction in early 2026 and planned to deliver up to 3,000 residential units, significant commercial space, a marina on East Lake Tohopekaliga, and large conservation areas; this new community represents an important future demand generator for neighborhood retail and convenience uses, further enhancing the site’s long-term value and traffic capture.

FOR SALE DETAILS

PRICE

$6,195,000 USD

PRICE/SF

$1,153 USD /SF

CAP RATE

4.6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa Lake Nona Market

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Fast Food, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

-

APN/PARCEL ID

05-25-30-0000-0101-0000

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.