Ocean Group LLC and Optimus Alliance LLC is Investing on a new commercial development of 77 acres leased by multiple tenants. We have recently completed our review and have obtained multiple interest including some solid LOI for leases and for the multifamily purchase of land. Discussions with the Kissimmee municipality are in an advance track. The market in the greater Orlando area for commercial properties has rebounded and has become one the strongest new commercial markets in the country.
The Ocean Loop is situated near the intersection o f W Osceola Parkway and N John Young Parkway in Kissimmee, F L. and N Orange Blossom Trail (441) is a mile away. Regional access is provided by Florida’s Turnpike 2 miles to the east, and I-4 7 miles to the west. Downtown Orlando lies 13 miles to the north, while Orlando International Airport is 6 miles to the northeast.
Offered as an investment opportunity this transaction presents an opportunity to finance the Property by capitalizing on today’s accretive debt markets resulting in very high cash on cash returns.
Destination retailers create extended trade area
Over 50% of the Property’s GLA will leased to retailers that have their next closest location more than 10 miles away. In addition, The Ocean Loop’s highly desirable “Food & Retail” combination with the tenants already lined up to lease areas of the property will serve as a catalyst to further drive traffic.
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