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Retail and Office Shell Building
For Sale
$1,867,600

5010 Old Tampa Hwy 10 KISSIMMEE, Kissimmee, FL 34758

Under-construction single-story shell with customizable interior, fronting Old Tampa Highway near major retailers.

Property Size5,336 SF
Price / SF$350
Days on Market94

Property Features for 5010 Old Tampa Hwy 10 KISSIMMEE

General Information

Standard status Active
Size 5,336 SF

Amenities

1
false
Public
7997
0.18
Asphalt
Stem Wall
Access Road,Private Road
5336

Building Details

Building Size 5,336 SF
Year Built 2026
Buildings 1
Stories 1
Listed By: Jennifer Barnett
Source: Movetojacksonville
Added: Jul 6 Changed: Oct 6 Last Checked: Oct 7 at 9:05AM

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 Jennifer Barnett

Investment Insights

Based on property information with market context.

Building #10 at Poinciana Exchange is currently under construction and offered for sale as a single-story retail and office building. The property is being delivered in dark gray shell condition with a fully customizable interior, providing flexibility to design the layout for the buyer’s intended use.

The Exchange is positioned at the northeast corner of Poinciana Blvd & Orange Blossom Trail and is adjacent to The Home Depot. The development is also positioned alongside Wawa, Twistee Treat, and Family Dollar, with a combined daily traffic count exceeding 49,000 cars per day. Numerous access points connect the development to surrounding roadways, and the project offers pylon sign access at the entrances. The building fronts Old Tampa Highway and sits nearest the development’s main entrance. The development is also in walking distance to the SunRail Station.

Each building is sold individually to the owner-user or investor, and the architectural design elements are available for both retail and office uses.

Key Highlights

  • Under construction single‑story commercial building (Building #10) at Poinciana Exchange in Kissimmee
  • Total building area of 5,336 SF on a 0.18‑acre lot (7,997 SF), with 1 building and 1 lot
  • Shell condition delivery in dark gray with fully customizable interior for retail or office layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,782
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,095,640 $2.1M
Cap Rate 7%
$1,496,886 $1.5M
Cap Rate 9%
$1,164,244 $1.2M
Market Conditions
NOI Build-Up for 5,336 SF
Gross rent
$155.0K $29.04/SF
− Vacancy
−$5.3K −$0.99/SF
EGI
$149.7K $28.05/SF
− OpEx
−$44.9K −$8.42/SF
NOI
$104.8K $19.64/SF
Area
Osceola County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,095,640
Cap Rate 7%
$1,496,886
Cap Rate 9%
$1,164,244

Alternative Uses

Best Use
Retail
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,782 @ 7.0% cap · market cap 5.61%
Second Best
Office B
$1.14M
$996.5K – $1.33M (±1% cap)
NOI $79,720 @ 7.0% cap · market cap 4.27%
Theoretical Best
Specialty Retail
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,498 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Computer & Electronic Repair Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Under-construction single-story shell with customizable interior, fronting Old Tampa Highway near major retailers.
Where is this retail space located?
The property is located at 5010 Old Tampa Hwy 10 KISSIMMEE Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,867,600.
What are key features of this property?
This property features: Under construction single‑story commercial building (Building #10) at Poinciana Exchange in Kissimmee; Total building area of 5,336 SF on a 0.18‑acre lot (7,997 SF), with 1 building and 1 lot; Shell condition delivery in dark gray with fully customizable interior for retail or office layouts
More about this property
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