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    Retail Space in Power Center Redevelopment Title is generated by Realmo AI

    5601 S Grandnational N, Orlando, FL 32819

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    Redeveloping retail power center location with direct access to major Central Florida thoroughfares.

    Type:RETAIL
    Property size:
    30,000 SF
    Lot size:
    18.00 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:07 am

    Property Features for 5601 S Grandnational N

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Lot size
    18.00 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 5601 S Grandnational N Contact us

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    Listing Contact
    Stacy Miller Menendez

    Listing agent Stacy Miller Menendez License #BK3273415

    Listing office Atlantic Retail | Orlando

    Listing date Jun 3, 2026

    Source Moodyscre

    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 Atlantic Retail | Orlando

    HighLights

    • 18‑acre redevelopment site in Southwest Orlando, Florida, located in Orlando’s top‑performing retail trade area.
    • Located within the I‑Drive District anchored by Olinda power center (15.9 million visitors and $8.68B spent in 2023).
    • Surrounded by entertainment destinations including Fun Spot, Universal Studios, and Epic Universe (opening 2025).
    • Super‑regional shopping center area with immediate access to I‑4 and the I‑4 Express Lanes, Florida’s Turnpike, and SR 528.
    • Kirkman South extension underway to connect to the Orange County Convention Center.

    Overview

    This offering is retail space within an approximately 18-acre redevelopment in the heart of Southwest Orlando, Florida. The property is positioned as a shopping center/power center environment with storefront retail accommodations, totaling about 30,000 square feet.

    The location is described as being within Orlando’s top performing retail trade area, with surrounding entertainment destinations including Fun Spot and Universal Studios, and Epic Universe (opening 2025). The North portion of the IDrive District is anchored by Olinda, and the area is noted for significant residential growth and a high-wage employment base. From a connectivity standpoint, the redevelopment has immediate access to I-4 and the I-4 Express Lanes, Florida’s Turnpike, and SR 528.

    For retailers, this setting supports tenancy that benefits from power center-style co-tenancy and strong regional access. Prospective tenants should find the visibility and convenience of multiple major roadways particularly useful for customer access across the greater Orlando market.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • International Drive Value Center — 5295 International Dr, Orlando, FL 32819
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    • Perry ellis clearance store — 5265 International Dr space a23, Orlando, FL 32819
    • Outlet barato — 5253 International Dr D/E, Orlando, FL 32819
    • Shopping das mala orlando — orlando, fl 32819

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.4538751
    Latitude
    28.4769443

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    FAQs

    What type of property is this?
    Shopping center - Redeveloping retail power center location with direct access to major Central Florida thoroughfares.
    Where is this shopping center located?
    The property is located at 5601 S Grandnational N Orlando, FL.
    What are key features of this property?
    This property features: 18‑acre redevelopment site in Southwest Orlando, Florida, located in Orlando’s top‑performing retail trade area.; Located within the I‑Drive District anchored by Olinda power center (15.9 million visitors and $8.68B spent in 2023).; Surrounded by entertainment destinations including Fun Spot, Universal Studios, and Epic Universe (opening 2025).
    (407) 919-6575 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Stacy Miller Menendez
    Real Estate License ID: BK3273415
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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