Retail Suite in Home Depot
For Sale
$2,502,500
5068 OLD TAMPA HWY 04, Kissimmee, FL 34758
For sale retail space located within The Home Depot shopping center off Old Tampa Hwy in Osceola County.
Property Size7,149 SF
Days on Market81
Property Features for 5068 OLD TAMPA HWY 04
General Information
Standard status
Active
Size
7,149 SF
Amenities
Curbs, Sidewalks
Building Details
Building Size
7,149 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 22
Last Checked: Sep 2 at 4:46PM
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 offering is a retail space within The Home Depot shopping center. The property is identified as 5068 Old Tampa Hwy 04, Kissimmee, FL 34758, with directions indicating entry from Old Tampa Hwy into the Home Depot center.
The site is positioned along the Old Tampa Hwy approach to the shopping center. The provided directions note starting on Poinciana Blvd near the intersection of US 17-92 and Poinciana Blvd, turning onto Old Tampa Hwy, and taking the first right into The Home Depot shopping center, where the development is on the right. The county listed is Osceola.
This configuration can be a practical fit for retailers seeking a storefront setting inside an established big-box anchored shopping environment. Since no specific unit details are provided, potential tenants and buyers should confirm the suite’s exact layout, visibility, and any buildout or access characteristics during due diligence.
The site is positioned along the Old Tampa Hwy approach to the shopping center. The provided directions note starting on Poinciana Blvd near the intersection of US 17-92 and Poinciana Blvd, turning onto Old Tampa Hwy, and taking the first right into The Home Depot shopping center, where the development is on the right. The county listed is Osceola.
This configuration can be a practical fit for retailers seeking a storefront setting inside an established big-box anchored shopping environment. Since no specific unit details are provided, potential tenants and buyers should confirm the suite’s exact layout, visibility, and any buildout or access characteristics during due diligence.
Key Highlights
- Retail space for sale within The Home Depot shopping center off Old Tampa Hwy in Osceola County
- Year built: 2026
- Cooling: none listed
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
$80,283
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%
$1,605,660
$1.6M
Cap Rate 7%
$1,146,900
$1.1M
Cap Rate 9%
$892,033
$892.0K
Market Conditions
NOI Build-Up for 7,149 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
$124.4K $17.40/SF
− Vacancy
−$9.7K −$1.36/SF
EGI
$114.7K $16.04/SF
− OpEx
−$34.4K −$4.81/SF
NOI
$80.3K $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%
$1,605,660
Cap Rate 7%
$1,146,900
Cap Rate 9%
$892,033
Alternative Uses
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,283 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,258 @ 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 - For sale retail space located within The Home Depot shopping center off Old Tampa Hwy in Osceola County.
Where is this shopping center 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: Retail space for sale within The Home Depot shopping center off Old Tampa Hwy in Osceola County; Year built: 2026; Cooling: none listed
