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Occupied Five-Tenant Strip Mall
For Sale
$1,250,000

7448 ALOMA, Winter Park, FL 32792

Five tenants occupy the center, supporting immediate rental income from an operating retail property.

Property Size3,578 SF
Days on Market52

Property Features for 7448 ALOMA

General Information

Standard status Active
Size 3,578 SF
Property subtype Commercial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $13,135

Building Details

Building Size 3,578 SF
Year Built 1973
Tenancy Multi
Listing Agency: CENTURY 21 CARIOTI
Listed By: Emad Terkawi · License #3273879
Source: Elliman
Added: Sep 11 Changed: Oct 25 Last Checked: Nov 1 at 6:41AM

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 CENTURY 21 CARIOTI

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This strip mall contains five tenant spaces, all currently occupied, with rental income in place at closing. The property was constructed in 1973 and offers an established retail-center configuration for continued commercial use.

Located at 7448 Aloma in Winter Park, Florida, the property benefits from Aloma Avenue access and visibility. The surrounding setting includes both residential and commercial uses, while walkability and bike access are limited, with a Walk Score of 35 and Bike Score of 35.

Key Highlights

  • Five tenant spaces are currently occupied
  • Rental income is already in place
  • Strip mall constructed in 1973

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,261
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,220 $1.4M
Cap Rate 7%
$1,003,729 $1.0M
Cap Rate 9%
$780,678 $780.7K
Market Conditions
NOI Build-Up for 3,578 SF
Gross rent
$103.9K $29.04/SF
− Vacancy
−$3.5K −$0.99/SF
EGI
$100.4K $28.05/SF
− OpEx
−$30.1K −$8.42/SF
NOI
$70.3K $19.64/SF
Area
Orange County, 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 Rate 5%
$1,405,220
Cap Rate 7%
$1,003,729
Cap Rate 9%
$780,678

Alternative Uses

Best Use
Retail
$1.00M
$878.3K – $1.17M (±1% cap)
NOI $70,261 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.9K – $1.19M (±1% cap)
NOI $71,274 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Aloma Barber Shop Barber Shop Heavy Fog Smoke ... (Bike/Boat/Book/etc) Store Umphrey Financial Services ... Accounting Firm Device Center Computer & Electronic Repair Manna Bakery Aloma Bakery

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 11% Beauty & Spa 4% Electronics 1%
Wawa Shops & Services
45,676 visits/mo 0.4 miles
KFC Dining
8,454 visits/mo 0.4 miles
Pet Supplies Plus Shops & Services
6,613 visits/mo 0.4 miles
Bank of America Shops & Services
6,114 visits/mo 0.1 miles
My Salon Suite Beauty & Spa
3,102 visits/mo 0.5 miles

Demographics for 32792, FL

51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Five tenants occupy the center, supporting immediate rental income from an operating retail property.
Where is this strip mall located?
The property is located at 7448 ALOMA Winter Park, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Five tenant spaces are currently occupied; Rental income is already in place; Strip mall constructed in 1973
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