Single-Story Shell Retail
For Sale
$1,993,600
5086 Old Tampa Hwy 02 KISSIMMEE, Kissimmee, FL 34758
New construction offers a customizable interior, shared patio access, and prominent development signage for retail users.
Property Size5,545 SF
Price / SF$359.53
Days on Market56
Property Features for 5086 Old Tampa Hwy 02 KISSIMMEE
General Information
Standard status
Active
Size
5,545 SF
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Road Access
Yes
Amenities
shared patio space
1
false
Public
8227
0.19
Asphalt
Stem Wall
Access Road,Private Road
5545
Building Details
Building Size
5,545 SF
Year Built
2026
Buildings
1
Stories
1
Listing Agency:
(904) 569-5862
Listed By:
James Fletcher
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 6
Changed: Aug 29
Last Checked: Aug 29 at 1:10PM
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 James Fletcher
Investment Insights
Based on property information with market context.
Building 02 is a 5,545-square-foot, single-story retail property under construction at Poinciana Exchange. Delivery is planned in dark gray shell condition, allowing the owner or occupant to configure the interior for its intended operation. The building also includes access to a shared patio and development pylon signage at the entrances.
The property is positioned at 5086 Old Tampa Hwy in Kissimmee, near the northeast corner of Poinciana Boulevard and Orange Blossom Trail. The development is adjacent to The Home Depot and alongside Wawa, Twistee Treat, and Family Dollar, with combined traffic exceeding 49,000 cars per day. Multiple access points connect the project to surrounding roadways, and the SunRail Station is within walking distance. The site is west of downtown Kissimmee in an area identified with ongoing residential growth and additional nearby retail and healthcare development.
The property is positioned at 5086 Old Tampa Hwy in Kissimmee, near the northeast corner of Poinciana Boulevard and Orange Blossom Trail. The development is adjacent to The Home Depot and alongside Wawa, Twistee Treat, and Family Dollar, with combined traffic exceeding 49,000 cars per day. Multiple access points connect the project to surrounding roadways, and the SunRail Station is within walking distance. The site is west of downtown Kissimmee in an area identified with ongoing residential growth and additional nearby retail and healthcare development.
Key Highlights
- 5,545‑square‑foot retail building under construction
- Single‑story structure delivered in dark gray shell condition
- Fully customizable interior layout for owner‑user or investor use
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
$68,120
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
3.42%
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%
$1,362,400
$1.4M
Cap Rate 7%
$973,143
$973.1K
Cap Rate 9%
$756,889
$756.9K
Market Conditions
NOI Build-Up for 5,545 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
$116.4K $21.00/SF
− Vacancy
−$25.6K −$4.62/SF
EGI
$90.8K $16.38/SF
− OpEx
−$22.7K −$4.10/SF
NOI
$68.1K $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%
$1,362,400
Cap Rate 7%
$973,143
Cap Rate 9%
$756,889
Alternative Uses
Best Use
Office B
$973.1K
$851.5K – $1.14M
NOI $68,120 @ 7.0% cap · market cap 3.42%
Second Best
Retail
$889.6K
$778.4K – $1.04M
NOI $62,270 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,276 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
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 - New construction offers a customizable interior, shared patio access, and prominent development signage for retail users.
Where is this retail space located?
The property is located at 5086 Old Tampa Hwy 02 KISSIMMEE Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,993,600.
What are key features of this property?
This property features: 5,545‑square‑foot retail building under construction; Single‑story structure delivered in dark gray shell condition; Fully customizable interior layout for owner‑user or investor use
