Orlando, Fla. — Colliers has arranged the sale of the Narcoossee Cove retail complex to five different buyers for a total of approximately $31 million. Completed in 2024 and situated on 7.7 acres, the property consists of six retail outparcels comprising 36,100 square feet. The transactions include Miller’s Ale House, Fifth Third Bank, Discount Tire, Raising Cane’s and two multi-tenant retail strip centers. Additionally, a roughly 1-acre parcel of land located between Miller’s Ale House and Discount Tire was sold.
Michael Brewster and Tommy Isola of Colliers’ Orlando office represented the seller and developer, WMG Development, in the transactions. Alexie Fonseca, David Gabbai and Jeff Johnson of Colliers also secured the tenants for the property before the sale; tenants include Crumbl Cookies, The Joint Chiropractic, Wild Fork Foods and Blaze Pizza. Leases for the property span 10 to 20 years.