Mixed-Use Retail and Office
For Sale
$17,700,000
2910 Maguire Rd, Ocoee, FL 34761
For sale mixed-use property with a 40,827 SF footprint and a stabilized rent roll.
Property Size41,113 SF
Price / SF$430.52
Days on Market153
Property Features for 2910 Maguire Rd
General Information
Standard status
Active
Size
41,113 SF
Property subtype
Shopping Neighborhood
Amenities
Signalized Corner Location With 37,000+ Vehicles Per Day On Maguire Road?
Excellent Regional Access Via Florida Turnpike, SR-408, SR-429, W. Colonial Drive, And Apopka-vineland Road?
Affluent Trade Area With 52,000+ Residents Within 3 Miles?
100% Occupied Retail Asset With All Leases Structured As NNN?
NOI over $1 Million Annually?
Building Details
Building Size
41,113 SF
Year Built
2008
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Salim Valiani · License #License(s): FL: SL3105421
(407) 557-3822
Source:
Marcusmillichap
Added: Apr 11
Changed: Sep 8
Last Checked: Sep 10 at 5:42AM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
The Shoppes at Meadow Ridge is a mixed-use commercial property offered for sale with a total building area of 40,827 SF. The offering is described as having a stable rent roll supported by an established tenant lineup.
The property is located at 2910 Maguire Rd in Ocoee, Florida, in the Orlando MSA. The public remarks indicate the tenancy includes e-commerce resilient operators with many tenants reflecting longer-term track records of success.
This mixed-use asset is presented as a stabilized acquisition, with the current composition intended to support continued rental performance.
The property is located at 2910 Maguire Rd in Ocoee, Florida, in the Orlando MSA. The public remarks indicate the tenancy includes e-commerce resilient operators with many tenants reflecting longer-term track records of success.
This mixed-use asset is presented as a stabilized acquisition, with the current composition intended to support continued rental performance.
Key Highlights
- Shoppes at Meadow Ridge is a 40,827 SF mixed‑use property for sale
- Stabilized rent roll with a tenant lineup described as e‑commerce resilient
- Long‑term tenant track record is noted in the provided rent roll description
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
$807,330
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
4.56%
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%
$16,146,600
$16.1M
Cap Rate 7%
$11,533,286
$11.5M
Cap Rate 9%
$8,970,333
$9.0M
Market Conditions
NOI Build-Up for 41,113 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
$1.19M $29.04/SF
− Vacancy
−$40.6K −$0.99/SF
EGI
$1.15M $28.05/SF
− OpEx
−$346.0K −$8.42/SF
NOI
$807.3K $19.64/SF
Area
Orange 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 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%
$16,146,600
Cap Rate 7%
$11,533,286
Cap Rate 9%
$8,970,333
Alternative Uses
Best Use
Retail
$11.53M
$10.09M – $13.46M
NOI $807,330 @ 7.0% cap · market cap 4.56%
Second Best
Office B
$8.77M
$7.68M – $10.24M
NOI $614,228 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$11.70M
$10.24M – $13.65M
NOI $818,971 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34761, FL
48,193
Population
14,794
Households
3.3
Avg Household Size
37
Median Age
30%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$90,406
Median Household Income
$42,694
Median Earnings
$1,806
Median Rent
$363,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- MEADOW RIDGE MALL — 2910 Maguire Rd, Ocoee, FL 34761
- Shoppes at Belmere — 2831-2899 Maguire Rd, Windermere, FL 34786
- Plantation Grove — 2600 Maguire Rd, Ocoee, FL 34761
- Maguire Pointe — 2450 Maguire Rd, Ocoee, FL 34761
Frequently Asked Questions
What type of property is this?
Shopping center - For sale mixed-use property with a 40,827 SF footprint and a stabilized rent roll.
Where is this shopping center located?
The property is located at 2910 Maguire Rd Ocoee, FL.
What is the asking price?
The asking price for this property is $17,700,000.
What are key features of this property?
This property features: Shoppes at Meadow Ridge is a 40,827 SF mixed‑use property for sale; Stabilized rent roll with a tenant lineup described as e‑commerce resilient; Long‑term tenant track record is noted in the provided rent roll description
