1340-1348 & 1358-1398 S Narcoossee Rd Saint Cloud, FL 34771
Newly constructed retail property with stable cashflow and upside.
Property Features for 1340-1348 & 1358-1398 S Narcoossee Rd
General Information
- Standard status
- Active
- Size
- 55,396 SF
- Property subtype
- Retail
Listing office Ripco Real Estate (727) 452-6864
Listing date Mar 27, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Newly Constructed Retail Property
- Boasting ±55,396 SF of Retail Space
- 6‑Building Property
Local Financial Insights For 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 | $1.61M | $29.04 |
| − Vacancy | −$54.7k | −$0.99 |
| EGI | $1.55M | $28.05 |
| − OpEx | −$466.2k | −$8.42 |
| NOI | $1.09M | $19.64 |
