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120 W Carroll St 3,000 SF Industrial Building Kissimmee, FL 34741 $1,200,000 ($400/SF) 11.50% Cap Rate

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EXECUTIVE SUMMARY

Address: 120 W Carroll St, Kissimmee, FL 34741
Asking Price: $1,200,000
Triple Net Lease (NNN) – Tenant pays property taxes and insurance
Annual Income: $138,000 / Cap Rate: 11.5%
Prime commercial property located in the heart of Kissimmee. Currently leased under a 2-year NNN agreement, generating consistent income with minimal landlord responsibilities.
An ideal investment for buyers seeking strong returns, operational simplicity, and a stable cash flow. Perfect for 1031 Exchange buyers or private equity portfolios.
?? Cap Rate: 11.5%
?? Financed ROI: Up to 15.58%
?? Lease Type: NNN – Tenant covers taxes & insurance
?? Current Use: Income-producing commercial tenant
?? Location: High-traffic, high-growth area of Central Florida

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,200,000
Price Per SF $400
Sale Type Investment
Cap Rate 11.50%
Sale Conditions
1031 Exchange
  • Lease Option
Property Type
Industrial
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • Showroom
Building Class C
Lot Size 0.36 AC
Rentable Building Area 3,000 SF
No. Stories 1
Year Built/Renovated 1969/2022
Tenancy Single
Parking Ratio 2/1,000 SF
Zoning OCG - Zoning Classification: Commercial – Central Business District (B-5 or similar) This property is located within one of Kissimmee's prime commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-25-29-4150-0001-0170
Land Assessment
$217,300 (2025)
Improvements Assessment
$376,900 (2025)
Total Assessment
$594,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37001930

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: 120 W Carroll St, Kissimmee, FL 34741

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