Food Court Restaurant
For Sale
$55,000
1000 OVIEDO BOULEVARD, Oviedo, FL 32765
Fully equipped cooking premises in a mall food court near Orlando, with flexibility for a new fast-food concept.
Property Size200 SF
Price / SF$275
Days on Market573
Property Features for 1000 OVIEDO BOULEVARD
General Information
Standard status
Active
Size
200 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
2000
Listing Agency:
TRUST REALTY CORPORATION
(321) 303-4544
Listed By:
Chalo Serrano · License #3187080
(321) 303-4544
Source:
Exitrealty
Added: Feb 4, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRUST REALTY CORPORATION
Investment Insights
Based on property information with market context.
This fast-food restaurant premises occupies a food-court setting within a mall near Orlando, Florida. The space is fully equipped for commercial cooking and currently operates with a Latin food menu. Existing kitchen capability supports continued restaurant use, while the operation can be adapted to a different fast-food concept.
The property is located at 1000 Oviedo Boulevard in Oviedo, Florida 32765. The building dates to 2000 and places the restaurant within an established mall food-court environment. The offering provides an operating restaurant setup with commercial cooking equipment already in place.
The property is located at 1000 Oviedo Boulevard in Oviedo, Florida 32765. The building dates to 2000 and places the restaurant within an established mall food-court environment. The offering provides an operating restaurant setup with commercial cooking equipment already in place.
Key Highlights
- Mall food‑court restaurant premises near Orlando, Florida
- Fully equipped for commercial cooking
- Currently operating with a Latin food menu
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,857
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$77,140
$77.1K
Cap Rate 7%
$55,100
$55.1K
Cap Rate 9%
$42,856
$42.9K
Market Conditions
NOI Build-Up for 200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$5.4K $27.24/SF
− Vacancy
−$305 −$1.53/SF
EGI
$5.1K $25.71/SF
− OpEx
−$1.3K −$6.43/SF
NOI
$3.9K $19.29/SF
Area
Seminole County, FL
Vacancy
5.60%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$77,140
Cap Rate 7%
$55,100
Cap Rate 9%
$42,856
Alternative Uses
Best Use
Specialty Retail
$55.1K
$48.2K – $64.3K
NOI $3,857 @ 7.0% cap · market cap 7.01%
Second Best
Industrial
$16.0K
$14.0K – $18.6K
NOI $1,117 @ 7.0% cap · market cap 2.03%
Theoretical Best
Office A
$56.9K
$49.8K – $66.4K
NOI $3,984 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32765, FL
65,228
Population
23,389
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
39.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$99,161
Median Household Income
$48,595
Median Earnings
$1,870
Median Rent
$418,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped cooking premises in a mall food court near Orlando, with flexibility for a new fast-food concept.
Where is this conventional restaurant located?
The property is located at 1000 OVIEDO BOULEVARD Oviedo, FL.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Mall food‑court restaurant premises near Orlando, Florida; Fully equipped for commercial cooking; Currently operating with a Latin food menu
