Winter Garden Retail/Office
For Sale
$1,925,000
996 E PLANT STREET #202, Winter Garden, FL 34787
Retail and office spaces available in Winter Garden, Florida.
Property Size3,304 SF
Price / SF$582.63
Days on Market440
Property Features for 996 E PLANT STREET #202
General Information
Standard status
Active
Size
3,304 SF
Taxes and HOA fees
Annual Taxes
$16,416
Building Details
Year Built
1926
Listing Agency:
BEYOND COMMERCIAL
Listed By:
AMY CALANDRINO
Source:
Corcoran
Added: Jun 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 BEYOND COMMERCIAL
Investment Insights
Based on property information with market context.
Located in Winter Garden, The Point on Plant Street offers retail and office spaces for sale. Construction is expected to begin in 2025, with delivery of three office spaces and three retail spaces in grey shell condition anticipated in early 2025. The available spaces include: Retail Suite 101 with 2424 square feet, Retail Suite 100 with 2910 square feet, Office Suite 200 with 2963 square feet, Office Suite 201 with 2935 square feet, and Office Suite 202 with 3304 square feet. One retail space, Suite 102 with 2419 square feet, is currently occupied by Mosaic Hair Studio Blowout Bar. The location provides high visibility and easy access to major roads, enhancing business exposure and accessibility within a vibrant, pedestrian-friendly neighborhood. This is an opportunity to own and customize a space to fit specific business needs and brand vision, fostering growth within a dynamic community of business owners.
Key Highlights
- Opportunity to own and customize retail or office space in a prime location.
- High visibility and easy access to major roads in the heart of Winter Garden.
- Spaces delivered in grey shell condition, allowing for personalized design.
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
$64,880
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
3.37%
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%
$1,297,600
$1.3M
Cap Rate 7%
$926,857
$926.9K
Cap Rate 9%
$720,889
$720.9K
Market Conditions
NOI Build-Up for 3,304 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
$95.9K $29.04/SF
− Vacancy
−$3.3K −$0.99/SF
EGI
$92.7K $28.05/SF
− OpEx
−$27.8K −$8.42/SF
NOI
$64.9K $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 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%
$1,297,600
Cap Rate 7%
$926,857
Cap Rate 9%
$720,889
Alternative Uses
Best Use
Retail
$926.9K
$811.0K – $1.08M
NOI $64,880 @ 7.0% cap · market cap 3.37%
Second Best
Office B
$705.2K
$617.0K – $822.7K
NOI $49,362 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$940.2K
$822.7K – $1.10M
NOI $65,816 @ 7.0% cap · market cap 3.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 34787, FL
88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and office spaces available in Winter Garden, Florida.
Where is this retail space located?
The property is located at 996 E PLANT STREET #202 Winter Garden, FL.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Opportunity to own and customize retail or office space in a prime location.; High visibility and easy access to major roads in the heart of Winter Garden.; Spaces delivered in grey shell condition, allowing for personalized design.
