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2252-2282 S Kirkman Rd, Orlando, FL, 32811

Metro Station
$9,378,000

Key Information

Cap Rate
7.01%
$ per SF
$203
Tot. SF
46,163
Year Built
2003
Type
Shopping Centers
Occupancy
100%
NOI
$657,294

Highlights

  • Walmart Shadow-Anchored Center: Strategically positioned adjacent to a Walmart Supercenter, allowing tenants to benefit from the substantial foot traffic generated by one of the nation’s most recognized retailers.
  • High Traffic Corridor: Located along S. Kirkman Road, which boasts an impressive traffic count of approximately 58,000 vehicles per day, consistent driving visibility and customer access.
  • Strong Walmart Performance: The adjacent Walmart Supercenter averages 13,891 daily visits and 331,067 monthly visits, according to Alpha Maps data—demonstrating strong consumer demand and a healthy retail environment.
  • Walmart-Owned Supercenter: The Walmart parcel is corporately owned, typically an indicator of a high-performing and strategically important store location.
  • NNN Lease Structure: 9 out of 10 tenants operate under triple-net (NNN) leases, significantly limiting landlord responsibilities and enhancing cash flow stability.
  • Established National Tenancy: Anchored by nationally recognized tenants including Dollar Tree (BBB investment-grade credit rating), publicly traded retailer CATO, Rainbow USA, and The Juicy Crab, which operates 40 locations across 8 states.
  • Dense Population & Strong Demographics: The property is surrounded by a robust consumer base, with 285,266 residents and 103,808 households within a 5-mile radius, providing strong demand drivers for retail tenancy and long-term growth potential.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203