Orlando is driven by tourism, hospitality, retail, and healthcare. The I-Drive, Lake Nona medical city, and suburban office corridors are key submarkets. Florida's landlord-friendly laws and no income tax attract institutional investment.
By Angel Campa, Founder · Updated March 2026
Commercial Space
80M sq ft
Avg Office Rent
$22–$35/sq ft
Vacancy Rate
18%
Avg Lease Term
5–10 years
Orlando retail is predominantly NNN with percentage rent in tourist corridors. Office is Modified Gross. Healthcare campus leases in Lake Nona are specialized. Tourism-related retail leases include gross sales reporting requirements.
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