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Freestanding Restaurant with Drive-Thru
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Pending

5212 Silver Star Rd, Orlando, FL 32808

Quick service restaurant prototype with drive-thru in established trade area.

Property Size3,674 SF
Days on Market315

Property Features for 5212 Silver Star Rd

General Information

Standard status Pending
Size 3,674 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net

Building Details

Year Built 1966
Stories 1
Tenancy Single
Listing Agency: Garito & Company
Listed By: David Mander · License #FL 3354828
Source: Crexi
Added: Sep 30, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

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 Garito & Company

Investment Insights

Based on property information with market context.

This quick service restaurant prototype is a freestanding building featuring a drive-thru, strong visibility, and on-site parking. The property is located on Silver Star Road, which has traffic counts exceeding 40,000 vehicles per day. It is situated within a well-established trade area near national retailers such as Walmart, McDonald’s, and Starbucks. The location benefits from strong local demographics, with over 61,000 residents in ZIP code 32808 and dense neighborhoods within a three-mile radius. Located in the Orlando metro area, the 3,674 square foot property offers versatility for QSR operators and re-tenanting potential.

Key Highlights

  • High traffic location: Over 40,000 vehicles per day on Silver Star Road
  • Freestanding building with drive‑thru
  • Strong local demographics: Over 61,000 residents in ZIP code 32808

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
$77,299
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
4.99%
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%
$1,545,980 $1.5M
Cap Rate 7%
$1,104,271 $1.1M
Cap Rate 9%
$858,878 $858.9K
Market Conditions
NOI Build-Up for 3,674 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
$106.7K $29.04/SF
− Vacancy
−$3.6K −$0.99/SF
EGI
$103.1K $28.05/SF
− OpEx
−$25.8K −$7.01/SF
NOI
$77.3K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /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%
$1,545,980
Cap Rate 7%
$1,104,271
Cap Rate 9%
$858,878

Alternative Uses

Best Use
Specialty Retail
$1.10M
$966.2K – $1.29M (±1% cap)
NOI $77,299 @ 7.0% cap · market cap 4.99%
Second Best
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,847 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hardee's Restaurant L'E Roofing Services Roofing Company SevenWired - Web & SEO Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Dining 33% Groceries 19% Apparel 6%
Presidente Supermarkets Groceries
22,354 visits/mo 0.2 miles
McDonald's Dining
20,200 visits/mo 0.1 miles
Hardee's Dining
13,651 visits/mo 0.1 miles
Dollar Tree Shops & Services
8,877 visits/mo 0.2 miles
Family Dollar Shops & Services
7,516 visits/mo 0.1 miles

Demographics for 32808, FL

52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Quick service restaurant prototype with drive-thru in established trade area.
Where is this drive through restaurant located?
The property is located at 5212 Silver Star Rd Orlando, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: High traffic location: Over 40,000 vehicles per day on Silver Star Road; Freestanding building with drive‑thru; Strong local demographics: Over 61,000 residents in ZIP code 32808
(407) 415-6754 Call to check price and availability
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