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Single-Story Retail/Office Building
For Sale
$1,867,600

5028 OLD TAMPA HWY 07, Kissimmee, FL 34758

For sale under construction with dark gray shell delivery and customizable interior design for retail or office use.

Property Size5,336 SF
Days on Market81

Property Features for 5028 OLD TAMPA HWY 07

General Information

Standard status Active
Size 5,336 SF

Site & Location

Traffic Count 49,000 vehicles/day
Road Access Yes

Amenities

Curbs, Sidewalks

Building Details

Building Size 5,336 SF
Year Built 2026
Stories 1
Listing Agency: THE MARKS GROUP REALTY, LLC
Listed By: Wyatt Marks · License #3135582
Source: Evrealestate
Added: Jun 15 Changed: Aug 23 Last Checked: Sep 2 at 1:39PM

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 #07 at Poinciana Exchange is under construction and offered for purchase as a single-story retail/office facility. The building will be delivered in dark gray shell condition, with a fully customizable interior designed to give buyers flexibility in their layout. Architectural design elements are available for both retail and office uses, and pylon sign access is provided at the development entrances.

The development is located at the northeast corner of Poinciana Blvd and Orange Blossom Trail, adjacent to The Home Depot. It is positioned among national retailers including Wawa, Twistee Treat, and Family Dollar, with the surrounding corridor serving ongoing residential growth. The project provides numerous access points from nearby roadways and is described as within walking distance to the SunRail Station. Building #07 fronts Old Tampa Highway for primary roadway visibility along the development.

Each building is sold individually to owner-users or investors. With a shell delivery and a customizable interior, this building may fit tenants or buyers seeking to shape their space for a specific retail or professional office configuration, supported by the development’s multiple access points and prominent frontage.

Key Highlights

  • Under construction commercial building (Building #07) in Poinciana Exchange with a 2026 year built
  • Delivered in dark gray shell condition with a fully customizable interior for retail or office buildout
  • Single‑story building fronts Old Tampa Highway with premium visibility along the primary roadway frontage

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 (±1% cap)
NOI $65,553 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$856.0K
$749.0K – $998.7K (±1% cap)
NOI $59,923 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,760 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Pharmacy Nail Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

49,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale under construction with dark gray shell delivery and customizable interior design for retail or office use.
Where is this retail space located?
The property is located at 5028 OLD TAMPA HWY 07 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: Under construction commercial building (Building #07) in Poinciana Exchange with a 2026 year built; Delivered in dark gray shell condition with a fully customizable interior for retail or office buildout; Single‑story building fronts Old Tampa Highway with premium visibility along the primary roadway frontage
More about this property
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