Population
320,000
Growth (5Y)
+17.2%
Median Income
$59,000
Metro GDP
$181B
Market Overview
Orlando's unique mix of tourism, technology, and an explosive residential growth corridor makes it one of the most compelling NNN markets in the Southeast. The metro's 75+ million annual visitors generate exceptional retail foot traffic for QSR and convenience tenants. Meanwhile, a massive in-migration of retirees and young professionals — attracted by Florida's zero income tax — is driving suburban retail expansion throughout Lake, Osceola, and Seminole counties. NNN investors consistently achieve 5.0–6.8% cap rates with strong rent-to-sales ratios.
Key Highlights
Florida has zero state income tax, one of the highest drawing cards for investor migration
75+ million annual tourists create extraordinary retail sales volume for NNN tenants
Nation's fastest growing population corridor with 1,000+ new residents per day statewide
Strong convention and medical tourism sectors create year-round demand
Why Invest in Orlando
- 1Zero Florida state income tax — massive draw for investor migration and capital reinvestment
- 2Tourism economy ensures permanent high-volume customer traffic at QSR and c-store tenants
- 3Explosive suburban growth in Lake and Osceola counties opens new NNN development sites
- 4Year-round warm weather drives consistent retail performance across all categories
Recent NNN Activity
"2024 saw record NNN transaction volume in the Orlando MSA, led by quick-service restaurant ground leases and pharmacy assets. The I-4 corridor from Daytona to Tampa remains one of the nation's most active development corridors for new NNN construction."
NNN Snapshot
Cap Rate Range
5% - 6.8%
Price Range
$1.4M - $4.5M
Avg Lease Term
12 Years
Unemployment Rate
3.4%
Active NNN Tenants
McDonald'sStarbucksWalgreensWawa7-ElevenDarden (Olive Garden)Dollar Tree
Major Employers
Walt Disney WorldUniversal StudiosLockheed MartinAdventHealthDarden RestaurantsElectronic Arts
Find NNN Properties in Orlando
Our advisors have exclusive, off-market NNN inventory in the Orlando market right now. Contact us to see what's available before it hits the public market.