Engend Co. III LLC Acquires Retail Center For $5.8M In Kissimmee Sale

The property asset involved in this transaction is a retail center known as Holiday Trail Plaza, located at 5877 W Irlo Bronson Memorial Hwy in Kissimmee, Florida. The transaction price was $5,800,000.00, and the property spans 24,635 square feet. At the time of sale, it was fully leased with notable tenants, including New Balance and Dunkin’ Donuts. The center is situated on over 2 acres and was completed in 1998.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,800,000.00
• Square Footage: 24,635 SF
• Address: 5877 W Irlo Bronson Memorial Hwy, Kissimmee, FL
• Seller's Representative: Scott Gould-Marcus & Millichap, Tim Giambrone-Marcus & Millichap
• Buyer: Engend Co. III LLC
• Area Tenants: New Balance, Dunkin’ Donuts

Marcus & Millichap’s Vice President Scott Gould and Senior Vice President of Investments Tim Giambrone were involved in brokering the sale. Giambrone was also noted for his role in a separate retail asset sale in Haines City, Florida, which occurred earlier that same year.