Orlando Retail Property For
For Sale
$1,350,000
741 Bennett Road, Orlando, FL 32803
Three-unit retail property with diversified tenants and high visibility.
Property Size3,946 SF
Lot Size0.38 Acres
Price / SF$342.12
Days on Market479
Property Features for 741 Bennett Road
General Information
Standard status
Active
Size
3,946 SF
Lot size
0.38 Acres
Property subtype
Commercial
Building Details
Year Built
1961
Listing Agency:
FLORIDA REALTY INVESTMENTS
Listed By:
Tito Urbano Perez · License #3470017
(407) 907-0350
Source:
Realtygroupfl
Added: Jun 23, 2025
Changed: Oct 13
Last Checked: Oct 12 at 9:03PM
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 FLORIDA REALTY INVESTMENTS
Investment Insights
Based on property information with market context.
The Bennett Retail Site is a three-unit retail property located at 741 Bennett Rd, Orlando, FL 32803. The 3,946 SF concrete block building is situated on a 0.38-acre lot in a vibrant trade area. The property features a diversified tenant mix, including a window tinting business, an electronics repair shop, and a restaurant space. The restaurant suite has a liquor license in place, offering operational potential for food and beverage operators. The restaurant suite boasts 2,146 SF, representing over half of the building’s footprint. The property is positioned for an owner-user or investor seeking to capture the area’s high consumer spending. The zoning is MU-2/AN. The Bennett Retail Site offers an opportunity for investors or operators looking to establish a presence in Central Florida.
Key Highlights
- Prime location in a vibrant and affluent Orlando trade area.
- Restaurant space with an existing liquor license, offering immediate operational potential.
- Strong visibility and accessibility on Bennett Rd.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,022
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,440
$1.7M
Cap Rate 7%
$1,186,029
$1.2M
Cap Rate 9%
$922,467
$922.5K
Market Conditions
NOI Build-Up for 3,946 SF
Gross rent
$114.6K $29.04/SF
− Vacancy
−$3.9K −$0.99/SF
EGI
$110.7K $28.05/SF
− OpEx
−$27.7K −$7.01/SF
NOI
$83.0K $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%
$1,660,440
Cap Rate 7%
$1,186,029
Cap Rate 9%
$922,467
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.38M
NOI $83,022 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$1.11M
$968.6K – $1.29M
NOI $77,487 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,980 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,808
Businesses Nearby
306k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Apparel 27%
Dining 15%
Electronics 12%
Wawa
Shops & Services
49,279 visits/mo
0.2 miles
DICK'S Sporting Goods
Apparel
33,719 visits/mo
0.2 miles
Best Buy
Electronics
32,926 visits/mo
0.4 miles
Macy's
Apparel
31,464 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
20,654 visits/mo
0.4 miles
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Three-unit retail property with diversified tenants and high visibility.
Where is this retail space located?
The property is located at 741 Bennett Road Orlando, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime location in a vibrant and affluent Orlando trade area.; Restaurant space with an existing liquor license, offering immediate operational potential.; Strong visibility and accessibility on Bennett Rd.
