Retail Property with Road
For Sale
Contact for pricing
8901 Futures Dr, Orlando, FL 32819
Retail property with prominent road frontage and strong regional access near major Orlando tourism and event destinations.
Property Size10,565 SF
Price / SF$425.93
Days on Market132
Property Features for 8901 Futures Dr
General Information
Standard status
Active
Size
10,565 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Marcus & Millichap | Orlando
(407) 557-3802
Listed By:
Salim Valiani · License #3105421
(407) 557-3822
Source:
Moodyscre
Added: Apr 1
Changed: Jul 29
Last Checked: Aug 10 at 9:08AM
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 retail property offers a commercial acquisition opportunity with prominent road frontage and the visibility that comes with being positioned along a high-demand corridor in Orlando.
The location provides immediate access to Sand Lake Road, SR 528, Florida’s Turnpike, and Interstate 4. The property is described as directly adjacent to Universal’s Epic Universe and situated within Orlando’s International Drive corridor, an area supported by Universal Orlando Resort, Epic Universe development, and the Orange County Convention Center.
The offering is presented for sale.
The location provides immediate access to Sand Lake Road, SR 528, Florida’s Turnpike, and Interstate 4. The property is described as directly adjacent to Universal’s Epic Universe and situated within Orlando’s International Drive corridor, an area supported by Universal Orlando Resort, Epic Universe development, and the Orange County Convention Center.
The offering is presented for sale.
Key Highlights
- Commercial retail property with prominent frontage along Futures Drive on a high‑traffic commercial corridor.
- Located near major Orlando access routes: Sand Lake Road, SR 528, Florida's Turnpike, and I‑4.
- Adjacent to Universal Orlando's Epic Universe development.
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
$207,463
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
4.61%
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%
$4,149,260
$4.1M
Cap Rate 7%
$2,963,757
$3.0M
Cap Rate 9%
$2,305,144
$2.3M
Market Conditions
NOI Build-Up for 10,565 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
$306.8K $29.04/SF
− Vacancy
−$10.4K −$0.99/SF
EGI
$296.4K $28.05/SF
− OpEx
−$88.9K −$8.42/SF
NOI
$207.5K $19.64/SF
Area
Orlando, 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 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%
$4,149,260
Cap Rate 7%
$2,963,757
Cap Rate 9%
$2,305,144
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.46M
NOI $207,463 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,235 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,259
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 40%
Hotels & Casinos 6%
Electronics 1%
RaceTrac
Shops & Services
24,108 visits/mo
0.2 miles
McDonald's
Dining
18,940 visits/mo
0.5 miles
Starbucks
Dining
16,160 visits/mo
0.4 miles
PetSmart
Shops & Services
12,691 visits/mo
0.4 miles
7-Eleven
Shops & Services
11,857 visits/mo
0.2 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?
Retail space - Retail property with prominent road frontage and strong regional access near major Orlando tourism and event destinations.
Where is this retail space located?
The property is located at 8901 Futures Dr Orlando, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Commercial retail property with prominent frontage along Futures Drive on a high‑traffic commercial corridor.; Located near major Orlando access routes: Sand Lake Road, SR 528, Florida's Turnpike, and I‑4.; Adjacent to Universal Orlando's Epic Universe development.
