Single-Story Retail/Office
For Sale
$2,502,500
5068 Old Tampa Highway Unit 4, Kissimmee, FL 34758
Under-construction suite in shell condition with customizable interior and a dedicated north end-cap patio.
Property Size7,149 SF
Price / SF$350.05
Days on Market159
Property Features for 5068 Old Tampa Highway Unit 4
General Information
Standard status
Active
Size
7,149 SF
Property subtype
Commercial
Site & Location
Traffic Count
49,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2026
Stories
1
Listing Agency:
THE MARKS GROUP REALTY,LLC
Listed By:
Wyatt Marks · License #3135582
(352) 432-8678
Source:
Realtygroupfl
Added: Mar 29
Changed: Sep 3
Last Checked: Sep 2 at 7:44PM
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 at Poinciana Exchange is a single-story property under construction and being delivered in dark gray shell condition with a fully customizable interior. The design supports both retail and office use, and the building includes its own dedicated patio space at the north end cap, providing a private outdoor area not shared with surrounding buildings. Access is planned through multiple entry points, with pylon sign access at the development entrances.
Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail at 5068 Old Tampa Highway, Unit 4 in Kissimmee, the project is adjacent to The Home Depot and positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar. The development is set in an active corridor with a combined daily traffic count exceeding 49,000 cars per day, and it offers walking distance access to the SunRail Station.
Each building is sold individually, making this suite well-suited for owner-users and investors seeking to design a layout to their needs.
Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail at 5068 Old Tampa Highway, Unit 4 in Kissimmee, the project is adjacent to The Home Depot and positioned alongside retailers including Wawa, Twistee Treat, and Family Dollar. The development is set in an active corridor with a combined daily traffic count exceeding 49,000 cars per day, and it offers walking distance access to the SunRail Station.
Each building is sold individually, making this suite well-suited for owner-users and investors seeking to design a layout to their needs.
Key Highlights
- Under‑construction single‑story commercial building (Year Built: 2026) at Poinciana Exchange
- Delivered in dark gray shell condition with a fully customizable interior for retail or office layout
- Dedicated private patio space at the north end cap, not shared with surrounding buildings
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
$87,825
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%
$1,756,500
$1.8M
Cap Rate 7%
$1,254,643
$1.3M
Cap Rate 9%
$975,833
$975.8K
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
$150.1K $21.00/SF
− Vacancy
−$33.0K −$4.62/SF
EGI
$117.1K $16.38/SF
− OpEx
−$29.3K −$4.10/SF
NOI
$87.8K $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%
$1,756,500
Cap Rate 7%
$1,254,643
Cap Rate 9%
$975,833
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,825 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$1.15M
$1.00M – $1.34M
NOI $80,283 @ 7.0% cap · market cap 3.21%
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
Current Use
Lease Details
49,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Under-construction suite in shell condition with customizable interior and a dedicated north end-cap patio.
Where is this retail space located?
The property is located at 5068 Old Tampa Highway Unit 4 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: Under‑construction single‑story commercial building (Year Built: 2026) at Poinciana Exchange; Delivered in dark gray shell condition with a fully customizable interior for retail or office layout; Dedicated private patio space at the north end cap, not shared with surrounding buildings
