Retail Space with Custom
For Sale
$1,867,600
5010 Old Tampa Hwy Unit 10, Kissimmee, FL 34758
Single-story commercial shell offering flexible interior planning at a new development near major retail anchors.
Property Size5,336 SF
Price / SF$350
Days on Market26
Property Features for 5010 Old Tampa Hwy Unit 10
General Information
Standard status
Active
Size
5,336 SF
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
2026
Buildings
1
Stories
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
(352) 432-8678
Listed By:
Wyatt Marks · License #3135582
Source:
Globalsapphirerealty
Added: Aug 6
Changed: Aug 29
Last Checked: Aug 30 at 8:00PM
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 MARKS GROUP REALTY, LLC
Investment Insights
Based on property information with market context.
Building 10 is a single-story retail property under construction, delivered in dark gray shell condition with an interior that can be configured by the purchaser. The building contains 5,336 square feet and is scheduled for completion in 2026. Pylon signage is available at the development entrances, and the property is positioned by the main entrance with frontage along Old Tampa Highway.
Poinciana Exchange occupies the northeast corner of Poinciana Boulevard and Orange Blossom Trail, adjacent to The Home Depot and near Wawa, Twistee Treat, Family Dollar, and Tractor Supply. Combined traffic at the intersection exceeds 49,000 cars per day. The development has multiple roadway access points and is within walking distance of the SunRail Station.
The property is offered individually for an owner-user or investor and supports retail or office use within the development’s stated design program.
Poinciana Exchange occupies the northeast corner of Poinciana Boulevard and Orange Blossom Trail, adjacent to The Home Depot and near Wawa, Twistee Treat, Family Dollar, and Tractor Supply. Combined traffic at the intersection exceeds 49,000 cars per day. The development has multiple roadway access points and is within walking distance of the SunRail Station.
The property is offered individually for an owner-user or investor and supports retail or office use within the development’s stated design program.
Key Highlights
- 5,336‑square‑foot single‑story building under construction
- Dark gray shell delivery with fully customizable interior
- Fronts Old Tampa Highway near the development’s main entrance
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
$65,553
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%
$1,311,060
$1.3M
Cap Rate 7%
$936,471
$936.5K
Cap Rate 9%
$728,367
$728.4K
Market Conditions
NOI Build-Up for 5,336 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
$112.1K $21.00/SF
− Vacancy
−$24.7K −$4.62/SF
EGI
$87.4K $16.38/SF
− OpEx
−$21.9K −$4.10/SF
NOI
$65.6K $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%
$1,311,060
Cap Rate 7%
$936,471
Cap Rate 9%
$728,367
Alternative Uses
Best Use
Office B
$936.5K
$819.4K – $1.09M
NOI $65,553 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$856.0K
$749.0K – $998.7K
NOI $59,923 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,760 @ 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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Single-story commercial shell offering flexible interior planning at a new development near major retail anchors.
Where is this retail space located?
The property is located at 5010 Old Tampa Hwy Unit 10 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: 5,336‑square‑foot single‑story building under construction; Dark gray shell delivery with fully customizable interior; Fronts Old Tampa Highway near the development’s main entrance
