Retail Space with Approved
For Sale
$2,502,500
5068 OLD TAMPA HWY, Kissimmee, FL 34758
Single-story shell delivery offers a customizable interior for retail, restaurant, service, and convenience-oriented uses.
Property Size7,149 SF
Price / SF$350.05
Days on Market88
Property Features for 5068 OLD TAMPA HWY
General Information
Standard status
Active
Size
7,149 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
The Home Depot, Wawa, Twistee Treat, Family Dollar
Road Access
Yes
Amenities
3
Private Roads, Asphalt.
Building Details
Year Built
2026
Buildings
1
Stories
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
(352) 432-8678
Listed By:
Wyatt Marks · License #3135582
(407) 256-3018
Source:
Xome
Added: Jun 13
Changed: Sep 8
Last Checked: Sep 8 at 2:28PM
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 #04 is a single-story retail property under construction within Poinciana Exchange, a commercial development at the northeast corner of Poinciana Boulevard and Orange Blossom Trail in Kissimmee. Delivery is planned in dark gray shell condition, with an interior that can be configured to suit the eventual owner’s requirements. An approved drive-through supports uses such as quick-service restaurants, coffee shops, pharmacies, and financial institutions. The property also includes access to development pylon signage.
The project is adjacent to The Home Depot and positioned near Wawa, Twistee Treat, Family Dollar, and a recently completed Tractor Supply. Combined traffic at the development exceeds 49,000 vehicles per day. Multiple roadway access points serve the site, and the property is within walking distance of the SunRail Station. Building #04 is offered individually for sale to owner-users or investors.
The project is adjacent to The Home Depot and positioned near Wawa, Twistee Treat, Family Dollar, and a recently completed Tractor Supply. Combined traffic at the development exceeds 49,000 vehicles per day. Multiple roadway access points serve the site, and the property is within walking distance of the SunRail Station. Building #04 is offered individually for sale to owner-users or investors.
Key Highlights
- 7,149 property size
- Approved drive‑through included
- Single‑story building delivered in dark gray shell condition
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
97k
Monthly Visits Nearby
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?
Retail space - Single-story shell delivery offers a customizable interior for retail, restaurant, service, and convenience-oriented uses.
Where is this retail space located?
The property is located at 5068 OLD TAMPA HWY 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 property size; Approved drive‑through included; Single‑story building delivered in dark gray shell condition
