Orlando, Florida’s commercial real estate market presents a dynamic landscape shaped by its role as a thriving tourism hub and emerging tech and innovation center. With iconic attractions and a robust convention industry, the city boasts a steady demand for retail, hospitality, and entertainment properties. Furthermore, Orlando’s diversifying economy has drawn attention to its office and industrial sectors, fueled by a growing pool of tech and healthcare companies. Mixed-use developments are becoming increasingly prevalent as the market responds to changing consumer preferences and workplace dynamics. However, factors such as tourism fluctuations and environmental considerations necessitate a balanced approach to growth. The evolving interplay of these elements characterizes Orlando’s commercial real estate market, creating opportunities and challenges that continue to shape its vibrant and multifaceted identity.
REAL ESTATE MARKET
Orlando’s real estate market has seen steady growth, with home values increasing by an average of 9.6% over the past year, resulting in an average home value of around $291,000.
Orlando’s tech hub has rapidly grown in recent years, with over 25,000 new tech jobs added to the region in the past decade and a thriving community of innovative startups.
Orlando boasts a diverse economy with major employers like Disney, Universal Studios, and Lockheed Martin, along with a thriving technology sector, resulting in an unemployment rate of 3.5%, well below the national average.
Orlando’s population has grown by 31.3% since 2010, with a current population of over 2.8 million in the metropolitan area and an estimated increase of over 120,000 people each year.
Nestled in a newly-revitalized neighborhood, this center boasts an array of offerings, including the popular Trader Joe’s and various services and dining options. Its prime position along the bustling Orlando Ave and proximity to the serene Lake Killarney creates an exceptional location. Notably, the center benefits from substantial daytime traffic, fueled by the vibrant commercial and retail scene of Winter Park, contributing to its prominence as a sought-after destination.
110 S. ORLANDO AVENUE
WINTER PARK, FL
Strategically positioned mere minutes away from the University of Central Florida, this location offers a prime setting for both students and the surrounding community. Anchored by the trusted Publix, the neighborhood center stands as a focal point of convenience. With seamless access along the bustling University Blvd, which witnesses a steady ow of 48,000 vehicles daily, the center ensures effortless connectivity and serves as a vibrant hub for daily needs and more.
A focal point of allure, this center is anchored by the esteemed Publix, lending an air of convenience and vitality to its surroundings. Its strategic location places it in a prime position to capitalize on the flourishing surge of housing and commercial development merely a mile north on Colonial Drive. Nestled within burgeoning neighborhoods characterized by thriving growth, the area primarily comprises married, well-educated, double-income households, adding a touch of vibrancy and prosperity to the center’s appeal.
2600 MAGUIRE ROAD
Nestled at the heart of the community, the neighborhood center, with Publix as its anchor, offers a bustling hub of convenience and connection. Situated conveniently close to the East-West Expressway, the center is a beacon of accessibility, effortlessly linking residents to the wider cityscape. Its strategic location streamlines daily errands and establishes a vital nexus for the nearby residential neighborhoods. Whether picking up groceries, running errands, or simply enjoying a stroll, this center is thoughtfully poised to cater to the needs of the surrounding communities, embodying a spirit of unity and service that resonates with the vibrant tapestry of the area.
409 S. CHICKASAW TRAIL
Contact us for any inquiries regarding leasing opportunities or specific details about properties within our portfolio. Recognizing the importance of collaboration, we place high value on our network of contacts, and we encourage you to reach out to us. Whether you’re seeking more information or wish to schedule a personalized tour, we’re here to assist.