Shopping Center With Restaurant
For Sale
Contact for pricing
6400 International Drive, Orlando, FL 32819
Retail center with built-out restaurant, entertainment area, commercial kitchen equipment, and outdoor patio seating.
Property Size17,463 SF
Price / SF$486.74
Days on Market8
Property Features for 6400 International Drive
General Information
Standard status
Active
Size
17,463 SF
Property subtype
Retail
Occupancy
52%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$214,740
Site & Location
Traffic Count
26,000 vehicles/day
Road Access
Yes
Building Details
Year Built
1979
Year Renovated
2025
Buildings
1
Stories
1
Units
12
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3834
Listed By:
Tarek Chbeir · License #SL3449535
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 2:51PM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
This 17,463-square-foot shopping center, built in 1979, includes 8,317 square feet of vacant space and a fully occupied rear portion. Suite 102 contains a 3,596-square-foot restaurant and entertainment build-out with commercial hoods, a walk-in freezer, a walk-in cooler, outdoor patio seating, and a second-floor entertainment area. A substantial portion of the roof was replaced in 2025, and current tenants operate under NNN leases.
The property fronts International Drive in Orlando with direct access and exposure to approximately 26,000 vehicles per day. Its surrounding tourism corridor includes Universal Orlando Resort, Walt Disney World, SeaWorld Orlando, and other entertainment destinations. Orlando receives approximately 75.3 million annual visitors, while the surrounding three-mile area reports average household income of approximately $110,203. Submarket vacancy is reported at 2.3%.
The property fronts International Drive in Orlando with direct access and exposure to approximately 26,000 vehicles per day. Its surrounding tourism corridor includes Universal Orlando Resort, Walt Disney World, SeaWorld Orlando, and other entertainment destinations. Orlando receives approximately 75.3 million annual visitors, while the surrounding three-mile area reports average household income of approximately $110,203. Submarket vacancy is reported at 2.3%.
Key Highlights
- 17,463‑square‑foot shopping center built in 1979
- 8,317 square feet of vacant space with a fully occupied rear portion
- Suite 102 includes a 3,596‑square‑foot restaurant and entertainment build‑out
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
$367,412
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
4.32%
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%
$7,348,240
$7.3M
Cap Rate 7%
$5,248,743
$5.2M
Cap Rate 9%
$4,082,356
$4.1M
Market Conditions
NOI Build-Up for 17,463 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
$507.1K $29.04/SF
− Vacancy
−$17.2K −$0.99/SF
EGI
$489.9K $28.05/SF
− OpEx
−$122.5K −$7.01/SF
NOI
$367.4K $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%
$7,348,240
Cap Rate 7%
$5,248,743
Cap Rate 9%
$4,082,356
Alternative Uses
Best Use
Specialty Retail
$5.25M
$4.59M – $6.12M
NOI $367,412 @ 7.0% cap · market cap 4.32%
Second Best
Retail
$4.90M
$4.29M – $5.72M
NOI $342,918 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$5.63M
$4.92M – $6.56M
NOI $393,781 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,444
Businesses Nearby
171k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Hotels & Casinos 28%
Shops & Services 5%
IHOP
Dining
23,622 visits/mo
0.4 miles
Cicis
Dining
18,250 visits/mo
0.4 miles
Four Points by Sheraton Orlando International Drive
Hotels & Casinos
11,401 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,380 visits/mo
0.5 miles
Red Lobster
Dining
9,277 visits/mo
0.4 miles
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
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?
Shopping center - Retail center with built-out restaurant, entertainment area, commercial kitchen equipment, and outdoor patio seating.
Where is this shopping center located?
The property is located at 6400 International Drive Orlando, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 17,463‑square‑foot shopping center built in 1979; 8,317 square feet of vacant space with a fully occupied rear portion; Suite 102 includes a 3,596‑square‑foot restaurant and entertainment build‑out
