Under-Construction Retail Office
For Sale
$1,251,250
5022 OLD TAMPA HWY 08, Kissimmee, FL 34758
Single-story building shell with customizable interior in a retail-anchored development at a major intersection corridor.
Property Size3,322 SF
Days on Market75
Property Features for 5022 OLD TAMPA HWY 08
General Information
Standard status
Active
Size
3,322 SF
Property subtype
Commercial
Site & Location
Traffic Count
49,000 vehicles/day
Road Access
Yes
Building Details
Building Size
3,322 SF
Year Built
2026
Stories
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
Listed By:
Wyatt Marks · License #3135582
(352) 432-8678
Source:
Elliman
Added: Jun 21
Changed: Aug 28
Last Checked: Sep 2 at 7:53PM
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 #08 at Poinciana Exchange is currently under construction and available for purchase. The project includes a single-story structure delivered in a dark gray shell condition with a fully customizable interior, allowing buyers to design the layout for their intended retail or office concept. Architectural design elements are planned for both retail and office uses, and pylon sign access is available at entrances to the development.
The development is located at the northeast corner of Poinciana Blvd and Orange Blossom Trail and sits adjacent to The Home Depot. The property fronts Old Tampa Highway, providing primary roadway frontage within a heavily trafficked commercial corridor with a combined daily traffic count exceeding 49,000 cars per day. Poinciana Exchange is positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar, with additional commercial momentum nearby including Tractor Supply. The project offers numerous access points from surrounding roadways and is described as being within walking distance to the SunRail Station.
For tenants, owner-users, or investors seeking control over buildout, this individually sold building offers flexibility to tailor interior improvements to a specific retail or office requirement. Its location within an established and growing retail cluster is well suited for businesses that benefit from direct visibility and convenient vehicle access in the Kissimmee area.
The development is located at the northeast corner of Poinciana Blvd and Orange Blossom Trail and sits adjacent to The Home Depot. The property fronts Old Tampa Highway, providing primary roadway frontage within a heavily trafficked commercial corridor with a combined daily traffic count exceeding 49,000 cars per day. Poinciana Exchange is positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar, with additional commercial momentum nearby including Tractor Supply. The project offers numerous access points from surrounding roadways and is described as being within walking distance to the SunRail Station.
For tenants, owner-users, or investors seeking control over buildout, this individually sold building offers flexibility to tailor interior improvements to a specific retail or office requirement. Its location within an established and growing retail cluster is well suited for businesses that benefit from direct visibility and convenient vehicle access in the Kissimmee area.
Key Highlights
- Year built 2026: single‑story commercial building available at Poinciana Exchange
- Delivered in dark gray shell condition with a fully customizable interior for flexible retail/office layout
- Fronts Old Tampa Highway for primary roadway frontage visibility
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
$40,811
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
3.26%
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%
$816,220
$816.2K
Cap Rate 7%
$583,014
$583.0K
Cap Rate 9%
$453,456
$453.5K
Market Conditions
NOI Build-Up for 3,322 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
$69.8K $21.00/SF
− Vacancy
−$15.3K −$4.62/SF
EGI
$54.4K $16.38/SF
− OpEx
−$13.6K −$4.10/SF
NOI
$40.8K $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%
$816,220
Cap Rate 7%
$583,014
Cap Rate 9%
$453,456
Alternative Uses
Best Use
Office B
$583.0K
$510.1K – $680.2K
NOI $40,811 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$532.9K
$466.3K – $621.8K
NOI $37,306 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$798.3K
$698.5K – $931.4K
NOI $55,881 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
49,000 VPD
Traffic count
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
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Frequently Asked Questions
What type of property is this?
Retail space - Single-story building shell with customizable interior in a retail-anchored development at a major intersection corridor.
Where is this retail space located?
The property is located at 5022 OLD TAMPA HWY 08 Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,251,250.
What are key features of this property?
This property features: Year built 2026: single‑story commercial building available at Poinciana Exchange; Delivered in dark gray shell condition with a fully customizable interior for flexible retail/office layout; Fronts Old Tampa Highway for primary roadway frontage visibility
