Retail Space in Home Depot
For Sale
$831,250
5040 OLD TAMPA HWY 12, Kissimmee, FL 34758
Retail space located within a Home Depot shopping center on Old Tampa Hwy in Kissimmee, FL.
Property Size2,375 SF
Days on Market81
Property Features for 5040 OLD TAMPA HWY 12
General Information
Standard status
Active
Size
2,375 SF
Amenities
Curbs, Sidewalks
Building Details
Building Size
2,375 SF
Year Built
2026
Stories
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
Listed By:
Wyatt Marks · License #3135582
(352) 432-8678
Source:
Evrealestate
Added: Jun 15
Changed: Aug 23
Last Checked: Sep 1 at 10:43PM
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.
This for-sale retail space is located within The Home Depot shopping center. The offering is part of a larger retail development, providing an established commercial setting for day-to-day consumer traffic.
From Poinciana Blvd, turn onto Old Tampa Hwy and take the first right into The Home Depot shopping center; the development is on your right. The property is in Osceola County.
For tenants, this configuration supports retail concepts that benefit from shared shopping-center access and an adjacent big-box anchor environment. For buyers, the asset offers a straightforward opportunity to acquire retail space positioned within a multi-tenant retail center anchored by The Home Depot. Interested parties should review the specific unit details and configuration with the listing broker, as the available information does not describe suite layout, frontage, or interior condition.
From Poinciana Blvd, turn onto Old Tampa Hwy and take the first right into The Home Depot shopping center; the development is on your right. The property is in Osceola County.
For tenants, this configuration supports retail concepts that benefit from shared shopping-center access and an adjacent big-box anchor environment. For buyers, the asset offers a straightforward opportunity to acquire retail space positioned within a multi-tenant retail center anchored by The Home Depot. Interested parties should review the specific unit details and configuration with the listing broker, as the available information does not describe suite layout, frontage, or interior condition.
Key Highlights
- Retail space located within a Home Depot shopping center
- Located on Old Tampa Hwy in Kissimmee, FL
- Year built: 2026
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
$26,671
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
3.21%
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%
$533,420
$533.4K
Cap Rate 7%
$381,014
$381.0K
Cap Rate 9%
$296,344
$296.3K
Market Conditions
NOI Build-Up for 2,375 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
$41.3K $17.40/SF
− Vacancy
−$3.2K −$1.36/SF
EGI
$38.1K $16.04/SF
− OpEx
−$11.4K −$4.81/SF
NOI
$26.7K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /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%
$533,420
Cap Rate 7%
$381,014
Cap Rate 9%
$296,344
Alternative Uses
Best Use
Retail
$381.0K
$333.4K – $444.5K
NOI $26,671 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$570.7K
$499.4K – $665.9K
NOI $39,951 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
97k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Home Improvements & Furnishings 39%
Dining 6%
Wawa
Shops & Services
42,585 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
38,010 visits/mo
0.3 miles
Family Dollar
Shops & Services
10,515 visits/mo
0.5 miles
Twistee Treat
Dining
5,618 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space located within a Home Depot shopping center on Old Tampa Hwy in Kissimmee, FL.
Where is this shopping center located?
The property is located at 5040 OLD TAMPA HWY 12 Kissimmee, FL.
What is the asking price?
The asking price for this property is $831,250.
What are key features of this property?
This property features: Retail space located within a Home Depot shopping center; Located on Old Tampa Hwy in Kissimmee, FL; Year built: 2026
