Orlando, FL retail market
Orlando's retail market remains very tight heading into mid-2026, with vacancy around 3.7% and average asking rents near $29.77 per square foot NNN, supported by continued population in-migration and tourism-driven consumer spending. Sale prices for retail assets have trended upward, with the market average hitting $301 per square foot in the 12 months through Q1 2025, up from $272 per square foot in Q1 2024. New supply is modest relative to demand, keeping landlords in a favorable position. Cap rates have compressed slightly, averaging around 6.3% across all retail subtypes, with NNN single-tenant credit deals trading tighter at 5.0 to 6.5%.
What's driving Retail prices in Orlando
Orlando retail sale prices rose approximately 10.7% per square foot from Q1 2024 ($272/SF avg) to Q1 2025 ($301/SF avg), reflecting continued investor demand and compressed cap rates in a low-vacancy market.
- Sub-4% retail vacancy market-wide creating scarcity of available space and upward rent pressure
- Sustained Florida population in-migration driving consumer spending and tenant demand
- Tourism corridor on International Drive commanding premium pricing above market average
- 43 retail projects totaling 1.31M SF under construction with 82.5% pre-leased, limiting speculative oversupply risk
Market intelligence
Tracking this market · 6 comps · latest deal Oct 2025.
This quarter: 0 comps added to our corpus in Q3 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
MomentumPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is Orlando's municipal boundary, coloured to match the momentum read above.
Recent Retail comps in Orlando, FL
| Address | Date | Type | Size (SF) | Price / Rate | $/SF |
|---|---|---|---|---|---|
| 5600 International Drive, Orlando, FL listing | Oct 2025 | Sale | 73568 | $26,000,000 | $353 |
| Narcoossee Cove (Narcoossee Rd), Orlando, FL news | Mar 2025 | Sale | 36100 | ~$31,000,000 | ~$858 |
| 1301-2251 Wp Ball Blvd (MarketPlace at Seminole Town Center), Sanford, FL (Orlando MSA) listing | Q1 2024 | Sale | 221573 | $37,892,111 | $171 |
| Sand Lake Corners, Tourist Corridor, Orlando, FL listing | Q1 2024 | Lease | 66700 | ||
| Downtown Orlando Retail Market (aggregated active listings), Orlando, FL listing | Jun 2025 | Lease | 7453 | $35.00/SF/yr NNN (avg asking) | $35.00 |
| Orlando Retail Market (MSA-wide average), Orlando, FL listing | Q1 2025 | Lease | $29.77/SF/yr NNN (avg asking) | $29.77 | |
| Median of 3 recent sales · $353/SF | $353 | ||||
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Figures are automated estimates derived from public listings, records, and brokerage announcements for Orlando, FL, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.
