1804 W Vine St, Kissimmee, FL, 34741
El Tapatio
Key Information
Highlights
• Income-Producing Redevelopment or Blend & Extend Opportunity – The ±0.84 AC parcel provides investors with in-place cash flow while preserving meaningful long-term optionality. With lease flexibility approaching in 2027, ownership can evaluate a redevelopment or re-tenanting strategy or pursue a blend-and-extend with the existing tenant to secure additional lease term.
• Highly Accessible ±0.84 AC Parcel | Three Points of Ingress/Egress – The property benefits from exceptional access with three separate points of ingress/egress along W Vine Street, N Lavon Avenue, and N Forest Avenue. A dedicated left-turn lane from W Vine Street further enhances accessibility and supports a variety of future commercial uses.
• Short-Term Lease Creates Long-Term Optionality – The property’s lease structure provides investors with near-term income while creating a relatively clear path to evaluate redevelopment, re-tenanting or repositioning strategies as the Vine Street corridor continues to evolve.
• Attractive 7.50% Going-In Cap Rate – Offered at $1,600,000, the property provides investors an attractive 7.50% initial return supported by $119,815 in current annual rent.
• True NNN Lease Structure – El Tapatio operates under a NNN lease with the tenant responsible for the roof and structure, significantly limiting landlord responsibilities and providing a passive ownership structure.
• Exceptional Population Growth – More than 207,854 residents currently live within five miles of the property, with the population projected to exceed 254,000 by 2030, representing approximately 16% growth over the next five years.
• Prime Position Along Kissimmee’s US-192 Retail Corridor – Positioned directly along W Vine Street / US-192, the property benefits from frontage within one of Kissimmee’s primary east-west commercial corridors, surrounded by an established concentration of restaurants, retailers, hotels and service-oriented businesses.
• Strategically Positioned for Vine Street’s Next Chapter – Located along a corridor actively targeted by the City of Kissimmee for reinvestment and redevelopment, the property provides investors an opportunity to acquire income-producing real estate ahead of continued transformation along W Vine Street.
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