Single-Story Retail/Office Shell with
For Sale
$2,502,500
5068 Old Tampa Hwy 04 KISSIMMEE, Kissimmee, FL 34758
Newly constructed shell with customizable interior and a private patio end cap for retail or office users.
Property Size7,149 SF
Price / SF$350.05
Days on Market47
Property Features for 5068 Old Tampa Hwy 04 KISSIMMEE
General Information
Standard status
Active
Size
7,149 SF
Additional Details
Traffic Count
49,000 vehicles/day
Amenities
1
false
Public
14227
0.33
Asphalt
Stem Wall
Access Road,Private Road
7149
Building Details
Building Size
7,149 SF
Year Built
2026
Buildings
1
Stories
1
Listing Agency:
THE REAL ESTATE COLLECTION LLC
(407) 656-7814
Listed By:
Amanda Mosel · License #3121297
(407) 656-7814
Source:
Therealestatecollection
Added: Jul 6
Changed: Aug 17
Last Checked: Aug 20 at 4:04AM
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 THE REAL ESTATE COLLECTION LLC
Investment Insights
Based on property information with market context.
Building #04 at Poinciana Exchange is a single-story property currently under construction and delivered in dark gray shell condition, with a fully customizable interior designed to support either retail or office layouts. The building includes a dedicated patio space at the north end cap, positioned as a private outdoor area not shared with neighboring buildings. Buyers also benefit from pylon sign access at the development entrances.
Poinciana Exchange is located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot, and the development sits in the path of national retail activity along the US 17-92 and South Poinciana corridor. The remarks cite a combined daily traffic count exceeding 49,000 cars per day. The center is positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar, with a recently constructed Tractor Supply nearby. The property is described as having numerous access points from surrounding roadways and being within walking distance to the SunRail Station.
Because each building is sold individually, Building #04 can work well for owner-users and investors seeking to design and control their interior buildout rather than rely on a fixed tenant space. The customizable shell, private patio, and end-cap orientation provide flexibility for a range of small business concepts and professional uses serving the growing Poinciana and Kissimmee area.
Poinciana Exchange is located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot, and the development sits in the path of national retail activity along the US 17-92 and South Poinciana corridor. The remarks cite a combined daily traffic count exceeding 49,000 cars per day. The center is positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar, with a recently constructed Tractor Supply nearby. The property is described as having numerous access points from surrounding roadways and being within walking distance to the SunRail Station.
Because each building is sold individually, Building #04 can work well for owner-users and investors seeking to design and control their interior buildout rather than rely on a fixed tenant space. The customizable shell, private patio, and end-cap orientation provide flexibility for a range of small business concepts and professional uses serving the growing Poinciana and Kissimmee area.
Key Highlights
- Single‑story commercial building (Building #04) under construction; delivered in dark gray shell condition
- Total building area: 7,149 SF; sits on a 0.33‑acre lot (14,227 SF), with 1 building and 1 lot
- Public water available; stem wall foundation; road frontage via access road/private road on asphalt
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
$87,825
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
3.51%
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%
$1,756,500
$1.8M
Cap Rate 7%
$1,254,643
$1.3M
Cap Rate 9%
$975,833
$975.8K
Market Conditions
NOI Build-Up for 7,149 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
$150.1K $21.00/SF
− Vacancy
−$33.0K −$4.62/SF
EGI
$117.1K $16.38/SF
− OpEx
−$29.3K −$4.10/SF
NOI
$87.8K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /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%
$1,756,500
Cap Rate 7%
$1,254,643
Cap Rate 9%
$975,833
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,825 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$1.15M
$1.00M – $1.34M
NOI $80,283 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,258 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
49,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 34758, FL
43,282
Population
14,977
Households
2.9
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
26.1 sq mi
ZIP Area
1,658
Density / Sq Mi
$67,128
Median Household Income
$35,057
Median Earnings
$1,780
Median Rent
$280,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Newly constructed shell with customizable interior and a private patio end cap for retail or office users.
Where is this retail space located?
The property is located at 5068 Old Tampa Hwy 04 KISSIMMEE Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,502,500.
What are key features of this property?
This property features: Single‑story commercial building (Building #04) under construction; delivered in dark gray shell condition; Total building area: 7,149 SF; sits on a 0.33‑acre lot (14,227 SF), with 1 building and 1 lot; Public water available; stem wall foundation; road frontage via access road/private road on asphalt
