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Single-Story Retail/Office Shell
For Sale
$1,456,000

5092 OLD TAMPA HWY 01, Kissimmee, FL 34758

Under construction single-story building for retail or office, delivered dark gray shell with customizable interior and shared patio.

Property Size4,181 SF
Days on Market58

Property Features for 5092 OLD TAMPA HWY 01

General Information

Standard status Active
Size 4,181 SF
Property subtype Commercial

Additional Details

Traffic Count 49,000 vehicles/day

Building Details

Building Size 4,181 SF
Year Built 2026
Stories 1
Listing Agency: THE MARKS GROUP REALTY,LLC
Listed By: Wyatt Marks · License #3135582
Source: Elliman
Added: Jun 21 Changed: Aug 14 Last Checked: Aug 16 at 7:24AM

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 #01 is under construction at Poinciana Exchange, offered for sale as a single-story space delivered in dark gray shell condition. The interior is fully customizable, giving the buyer flexibility to design the layout to fit either retail or office use. The development also includes a shared patio space that can support outdoor seating or a customer amenity area, along with pylon sign access at entrances to the project.

Poinciana Exchange is positioned at the northeast corner of Poinciana Blvd and Orange Blossom Trail, adjacent to The Home Depot. The listing notes a combined daily traffic count exceeding 49,000 cars per day, and the center sits alongside retailers including Wawa, Twistee Treat, and Family Dollar. Additional nearby context includes a recently constructed Tractor Supply and a major Target-anchored shopping center and hospital planned for the southern part of the intersection. The project provides numerous access points from surrounding roadways and is described as within walking distance to the SunRail Station.

This building is being sold individually, supporting both owner-user and investor strategies. For tenant-ready concepts that benefit from a customizable interior and direct access to a high-traffic retail environment, the shell delivery and shared outdoor patio area provide a practical starting point for a tailored retail or office buildout.

Key Highlights

  • Under construction single‑story building (Year built 2026) at Poinciana Exchange for retail or office
  • Delivered in dark gray shell condition with a fully customizable interior for layout flexibility
  • Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot

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
$46,952
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
3.22%
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%
$939,040 $939.0K
Cap Rate 7%
$670,743 $670.7K
Cap Rate 9%
$521,689 $521.7K
Market Conditions
NOI Build-Up for 4,181 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
$72.7K $17.40/SF
− Vacancy
−$5.7K −$1.36/SF
EGI
$67.1K $16.04/SF
− OpEx
−$20.1K −$4.81/SF
NOI
$47.0K $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%
$939,040
Cap Rate 7%
$670,743
Cap Rate 9%
$521,689

Alternative Uses

Best Use
Retail
$670.7K
$586.9K – $782.5K (±1% cap)
NOI $46,952 @ 7.0% cap · market cap 3.22%
Second Best
no second resolved use
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M (±1% cap)
NOI $70,331 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Pharmacy Nail Salon Plumbing Service

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

49,000 VPD
Traffic count

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Under construction single-story building for retail or office, delivered dark gray shell with customizable interior and shared patio.
Where is this retail space located?
The property is located at 5092 OLD TAMPA HWY 01 Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,456,000.
What are key features of this property?
This property features: Under construction single‑story building (Year built 2026) at Poinciana Exchange for retail or office; Delivered in dark gray shell condition with a fully customizable interior for layout flexibility; Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot
More about this property
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