Central Florida Cap Rates

Lake Nona Cap Rates

Lake Nona is Central Florida's medical and life sciences hub. Demand is concentrated in medical office, Class A multifamily, and retail supporting the rapidly expanding residential base.

Lake Nona Cap Rates by Asset Class

Asset ClassCap Rate RangeTrendNotes
Medical Office (MOB)5.75% - 6.75%→ StableCredit-tenant MOB trades tightest in the Orlando metro.
Class A Multifamily4.75% - 5.75%↑ FirmingStrong absorption drives institutional interest.
NNN Retail5.25% - 6.25%→ StableCredit-tenant QSR and services dominate.
Mixed-Use Retail6.25% - 7.25%→ StableHigher cap rate reflects lease-up risk in newer developments.

Cap rate ranges are directional estimates based on Central Florida transactional data and are updated quarterly. For deal-specific pricing, contact MaxLife Realty for a current valuation.

What Drives Demand in Lake Nona

  • Medical City campus (UCF Medical, Nemours, VA, Orlando Health)
  • KPMG Lakehouse corporate training facility
  • Ongoing master-planned residential absorption
  • New retail and F&B development pipeline

Lake Nona Cap Rate Outlook

Lake Nona's cap rates are expected to remain among the tightest in Central Florida. Institutional interest continues to drive pricing for medical office and multifamily, while smaller retail and mixed-use product offers a yield premium for private capital. Watch for new supply coming online to assess absorption impact on Class A multifamily pricing.

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