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Retail Space with Drive-Through
For Sale
$2,502,500

5068 Old Tampa Hwy 04, Kissimmee, FL 34758

A single-story shell offers buyers a customizable interior and an approved drive-through.

Property Size7,149 SF
Price / SF$350.05
Days on Market11

Property Features for 5068 Old Tampa Hwy 04

General Information

Standard status Active
Size 7,149 SF

Site & Location

Corner Location Yes
Pylon Signage Yes
Highway Access Yes
Road Access Yes

Amenities

SunRail Station within walking distance
1
false
Public
14227
0.33
Asphalt
Stem Wall
Access Road,Private Road
7149

Building Details

Building Size 7,149 SF
Year Built 2026
Buildings 1
Stories 1
Listing Agency:
Listed By: Sean Anderson
Source: Homeatlantapartners
Added: Oct 20 Changed: Oct 28 Last Checked: Oct 28 at 9:32AM

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 Sean Anderson

Rey
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Investment Insights

Based on property information with market context.

Building 04 at Poinciana Exchange is a single-story retail property under construction, with delivery planned for 2026. The 7,149-square-foot building is offered in dark gray shell condition, allowing the interior to be configured by the buyer. An approved drive-through is included, along with access to pylon signage at the development entrances.

The property is at the northeast corner of Poinciana Boulevard and Orange Blossom Trail in Kissimmee, next to The Home Depot. The intersection has a reported combined daily traffic count exceeding 49,000 vehicles. Wawa, Twistee Treat, Family Dollar, and a completed Tractor Supply are nearby, and the site is within walking distance of a SunRail station. Multiple access points connect the development to surrounding roadways.

Key Highlights

  • 7,149‑square‑foot, single‑story retail building
  • Approved drive‑through included
  • Under construction, with delivery planned for 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$154,740
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,094,800 $3.1M
Cap Rate 7%
$2,210,571 $2.2M
Cap Rate 9%
$1,719,333 $1.7M
Market Conditions
NOI Build-Up for 7,149 SF
Gross rent
$214.5K $30.00/SF
− Vacancy
−$8.1K −$1.14/SF
EGI
$206.3K $28.86/SF
− OpEx
−$51.6K −$7.22/SF
NOI
$154.7K $21.65/SF
Area
Osceola County, FL
Vacancy
3.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,094,800
Cap Rate 7%
$2,210,571
Cap Rate 9%
$1,719,333

Alternative Uses

Best Use
Specialty Retail
$2.21M
$1.93M – $2.58M (±1% cap)
NOI $154,740 @ 7.0% cap · market cap 6.18%
Second Best
Retail
$2.01M
$1.75M – $2.34M (±1% cap)
NOI $140,384 @ 7.0% cap · market cap 5.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Dental Office Plumbing Service Storage Facility Pharmacy Grocery & Convenience Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
97k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A single-story shell offers buyers a customizable interior and an approved drive-through.
Where is this retail space located?
The property is located at 5068 Old Tampa Hwy 04 Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,502,500.
What are key features of this property?
This property features: 7,149‑square‑foot, single‑story retail building; Approved drive‑through included; Under construction, with delivery planned for 2026
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Includes: Price & PSF · Cap rate · Location · Zoning

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