Retail Center with Restaurant
6428 International Dr, Orlando, FL 32819
For Sale
$8,500,000
Includes a built-out restaurant and entertainment suite with patio seating.
Property Size17,463 SF
Price / SF$486.74
Days on Market97
Property Features for 6428 International Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Traffic Count
Road Access
Restaurant
Commercial Hood
Patio
Additional Details
Cap Rate
Amenities
Significant Value-Add Through Lease-Up: Approximately 8,317 square feet of vacant space provides immediate lease-up potential.
Low Submarket Vacancy: Current submarket vacancy remains low at 2.3%.
11% Population Growth in a one-mile radius over the last 5 years (According to Costar).
High-Visibility Vacancies Along I-Drive: The available suites benefit from direct International Drive access and visibility, while the rear portion of the center is fully occupied and provides an established income base.
Fully Built-Out Restaurant and Entertainment Space: Suite 102 is a 3,596-square-foot restaurant space featuring commercial hoods, a walk-in freezer/cooler, outdoor patio seating area, and a second-floor entertainment area, significantly reducing the build-out requirements for a future operator.
Additional Growth Potential: Current proforma only includes the lease up of vacant spaces. Further value added by pushing current rents to meet the Submarket asking rent of $39.82/SF (According to CoStar).
Trophy International Drive Location: Positioned along International Drive with exposure to approximately 26,000 vehicles per day, the property benefits from significant pedestrian activity and Orlando's approximately 75.3 million annual visitors.
Affluent Surrounding Communities: The three-mile area reports an average household income of approximately $110,203 and benefits from its proximity to the highly desirable Dr. Phillips community and affluent Windermere area.
Building Details
Building Size
Year Built
Tenancy
Abandoned
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Tarek Chbeir
(407) 557-3834
Source:
Marcusmillichap
Added: Aug 8
Changed: Oct 26
Last Checked: Nov 10 at 5:09AM
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
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Investment Insights
Based on property information with market context.
This retail center contains 17,463 square feet, including 8,317 square feet of vacant space and an occupied rear section. Suite 102 offers a 3,596-square-foot restaurant and entertainment layout with commercial hoods, a walk-in freezer and cooler, outdoor patio seating, and a second-floor entertainment area. A substantial portion of the roof was replaced in 2025.
The property fronts International Drive in Orlando and provides direct access with exposure to approximately 26,000 vehicles per day. Surrounding tourism and entertainment destinations include Universal Orlando Resort, Walt Disney World, and SeaWorld Orlando. Existing tenants operate under NNN leases, with the vacant suites providing lease-up potential.
The property fronts International Drive in Orlando and provides direct access with exposure to approximately 26,000 vehicles per day. Surrounding tourism and entertainment destinations include Universal Orlando Resort, Walt Disney World, and SeaWorld Orlando. Existing tenants operate under NNN leases, with the vacant suites providing lease-up potential.
Key Highlights
- 17,463‑square‑foot retail center with 8,317 square feet of vacant space
- Approximately 26,000 vehicles per day along International Drive frontage
- Suite 102 includes a 3,596‑square‑foot restaurant and entertainment space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$367,412
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Lease Details
26,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Commercial hood
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
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Market
Properties on Market for Shopping centers in Orlando
Vacancy Rate% for Retail in Orlando, FL
Similar Off Market Nearby
- Bayhill Plaza — 7705 turkey lake rd, orlando, fl 32819
- Bayhill Plaza — 7602 Turkey Lake Rd, Orlando, FL 32819
- Dowdy Plaza — 7209 International Dr, Orlando, FL 32819
- MIC Plaza — 6550 International Dr, Orlando, FL 32819
- Lost Caverns Plaza — 6308 International Dr, Orlando, FL 32819
Frequently Asked Questions
What type of property is this?
Shopping center - Includes a built-out restaurant and entertainment suite with patio seating.
Where is this shopping center located?
The property is located at 6428 International Dr 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 retail center with 8,317 square feet of vacant space; Approximately 26,000 vehicles per day along International Drive frontage; Suite 102 includes a 3,596‑square‑foot restaurant and entertainment space
