SunDev LLC Acquires 2.8-Acre Retail Property In Kissimmee For $2.8M

Polynesian Isle Properties LLC, linked to SunDev LLC, has acquired a 2.8-acre retail property near Disney World in Osceola County for $2.8 million. The property, located at 5390 West Irlo Bronson Memorial Highway in Kissimmee, is strategically positioned along the West 192 corridor. The buyer plans to demolish the existing building and develop two fast-food restaurants on the site.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,800,000
• Market: Kissimmee
• Address: 5390 West Irlo Bronson Memorial Highway
• Buyer: SunDev LLC - Mohammed Diab
• Seller: Properties of Osceola LLC
• Broker: Martin Forster - Hold-Thyssen Inc

The acquisition of the property was made by Polynesian Isle Properties LLC, an entity linked to SunDev LLC, with the intention of developing two fast-food restaurants after demolishing the existing structure. The deal was facilitated with the assistance of Martin Forster from Hold-Thyssen Inc, who represented the buyer as the broker. The property's location along the West 192 corridor presents significant opportunities for commercial success, being in close proximity to Disney World.