Narcoossee Commons, a newly built six-building retail plaza on the Narcoossee Road corridor in south St. Cloud, has hit the market with an asking price just north of $27 million. The neighborhood center spans roughly 55,400 square feet and blends medical, professional services, and quick-serve tenants, giving the site a largely stabilized cash-flow profile. Brokers say steady roadway traffic and a wave of nearby housing growth have helped keep vacancy low and rents ticking up. The listing is being pitched to regional investors looking for immediate income with a bit of lease-up upside on the side.
Listing hits the market
As reported by the Orlando Business Journal, Narcoossee Commons is being marketed for roughly $27.5 million, with a…..