Orlando Retail Property For
741 BENNETT Rd Orlando, FL 32803
For Sale
$1,350,000
Three-unit retail property with diversified tenants and high visibility.
Property Size3,946 SF
Lot Size0.38 Acres
Price / SF$342.12
Days on Market140
Property Features for 741 BENNETT Rd
General Information
Standard status
Active
Size
3,946 SF
Lot size
0.38 Acres
Property subtype
Commercial
Building Details
Year Built
1961
Listing Agency:
Lawhun Enterprises, LLC
(407) 907-0350
Listed By:
Tito Urbano Perez · License #3470017
(407) 907-0350
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Jul 27 at 4:29AM
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 Lawhun Enterprises, LLC
Investment Insights
Based on property information with market context.
The Bennett Retail Site is a three-unit retail property located at 741 Bennett Rd, Orlando, FL 32803. The 3,946 SF concrete block building is situated on a 0.38-acre lot in a vibrant trade area. The property features a diversified tenant mix, including a window tinting business, an electronics repair shop, and a restaurant space. The restaurant suite has a liquor license in place, offering operational potential for food and beverage operators. The restaurant suite boasts 2,146 SF, representing over half of the building’s footprint. The property is positioned for an owner-user or investor seeking to capture the area’s high consumer spending. The zoning is MU-2/AN. The Bennett Retail Site offers an opportunity for investors or operators looking to establish a presence in Central Florida.
Key Highlights
- Prime location in a vibrant and affluent Orlando trade area.
- Restaurant space with an existing liquor license, offering immediate operational potential.
- Strong visibility and accessibility on Bennett Rd.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.6k | $29.04 |
| − Vacancy | −$3.9k | −$0.99 |
| EGI | $110.7k | $28.05 |
| − OpEx | −$27.7k | −$7.01 |
| NOI | $83.0k | $21.04 |
3,946 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.38M
NOI $83,022 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$1.11M
$968.6K – $1.29M
NOI $77,487 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,980 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Three-unit retail property with diversified tenants and high visibility.
Where is this retail space located?
The property is located at 741 BENNETT Rd Orlando, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime location in a vibrant and affluent Orlando trade area.; Restaurant space with an existing liquor license, offering immediate operational potential.; Strong visibility and accessibility on Bennett Rd.
