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 Market198
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: Oct 23
Last Checked: Oct 24 at 1:25PM
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
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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 / Yr
$807,330
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
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
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 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.
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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
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
