Retail Space on Colonial
For Sale
Contact for pricing
5310 E Colonial Dr, Orlando, FL 32807
Retail property with high visibility and included business.
Property Size13,918 SF
Price / SF$387.99
Days on Market178
Property Features for 5310 E Colonial Dr
General Information
Standard status
Active
Size
13,918 SF
Property subtype
Retail
Building Details
Year Built
1974
Year Renovated
2025
Buildings
1
Stories
2
Listing Agency:
Professional Commercial Real Estate Services
Listed By:
Juan Jimenez · License #BK3262702
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Professional Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This retail space offers excellent visibility with 385 feet of frontage on East Colonial Drive, which sees over 52,000 cars per day. The sale includes the real estate, FF&E (furniture, fixtures, and equipment), inventory, and the business itself. The property features large LED signage and has a size of 13,918 square feet.
Key Highlights
- Sale includes Real Estate, FF&E, Inventory, and Business.
- Excellent visibility on East Colonial Drive.
- High traffic count: Over 52,000 cars per day.
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
$273,306
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
5.06%
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%
$5,466,120
$5.5M
Cap Rate 7%
$3,904,371
$3.9M
Cap Rate 9%
$3,036,733
$3.0M
Market Conditions
NOI Build-Up for 13,918 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
$404.2K $29.04/SF
− Vacancy
−$13.7K −$0.99/SF
EGI
$390.4K $28.05/SF
− OpEx
−$117.1K −$8.42/SF
NOI
$273.3K $19.64/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /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%
$5,466,120
Cap Rate 7%
$3,904,371
Cap Rate 9%
$3,036,733
Alternative Uses
Best Use
Retail
$3.90M
$3.42M – $4.56M
NOI $273,306 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.48M
$3.92M – $5.23M
NOI $313,843 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Home Improvements & Furnishings 30%
Beauty & Spa 16%
Dining 16%
Rooms To Go Furniture Store
Home Improvements & Furnishings
4,964 visits/mo
0.2 miles
Cycle Gear
Shops & Services
3,685 visits/mo
0.4 miles
Tropical Smoothie Cafe
Dining
3,630 visits/mo
0.4 miles
Optical Outlets
Shops & Services
2,492 visits/mo
0.4 miles
Salon Centric
Beauty & Spa
2,456 visits/mo
0.4 miles
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property with high visibility and included business.
Where is this retail space located?
The property is located at 5310 E Colonial Dr Orlando, FL.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Sale includes Real Estate, FF&E, Inventory, and Business.; Excellent visibility on East Colonial Drive.; High traffic count: Over 52,000 cars per day.
