Industrial Property · Orange County

Industrial Property for Sale & Lease in Dr. Phillips

Dr. Phillips is part of one of the strongest industrial markets in the Southeast. E-commerce growth, Central Florida's logistics geography, and steady demand from distribution users have driven vacancy to historic lows and rent growth well above the national average.

Cap Rates: 5.75% - 7.5%Population: ~32,00010 miles SW of downtown Orlando

About Dr. Phillips

Dr. Phillips is an affluent unincorporated community in southwest Orange County known for Restaurant Row along Sand Lake Road and proximity to the I-Drive tourism corridor. Commercial real estate demand is strongest in high-end retail, medical office, and NNN restaurant pads.

Market highlights

  • Restaurant Row — Orlando's premier dining destination
  • Dr. Phillips Hospital and medical office cluster
  • Affluent demographics with median household income over $100K
  • Proximity to I-Drive attractions and convention center

Major employers

  • Orlando Health Dr. Phillips Hospital
  • Restaurant Row operators
  • Tourism corridor

Demographics

Median household income over $100,000 with a concentration of high-net-worth households driving premium retail and dining demand.

Why Invest in Industrial Property in Dr. Phillips

  • Warehouse, distribution, and flex space availability
  • Strong fundamentals — vacancy remains among the lowest in Florida
  • Proximity to I-4, Florida Turnpike, and major distribution corridors
  • Owner-user financing available via SBA 504 for qualified buyers
  • Stabilized NNN industrial investment opportunities

Typical Industrial Property Tenants in Dr. Phillips

{{city}} industrial investments favor multi-tenant flex product for yield and single-tenant distribution for institutional-quality stabilized cash flow.

LogisticsE-commerce fulfillmentLight manufacturingDistributionConstruction services

Why Industrial Demand Is Strong in Dr. Phillips

Central Florida's geographic position — within a one-day drive of 20 million consumers — has made Dr. Phillips and the surrounding market one of the most sought-after distribution locations in the Southeast. Tenant expansion has outpaced new supply for several consecutive years, pushing vacancy to historic lows and driving meaningful rent growth.

Warehouse & Distribution Features in Dr. Phillips

Modern Dr. Phillips warehouse product typically features 28-36' clear heights, ESFR sprinklers, ample dock doors, and trailer parking. Older vintage industrial remains viable for smaller users and contractor yards, where lot yards and outside storage drive demand.

Owner-User vs. Investor in Dr. Phillips Industrial

Owner-occupant buyers continue to compete aggressively for smaller industrial product in Dr. Phillips, often pushing prices above what an investor can justify on a pure cap rate basis. SBA 504 financing allows owner-users to acquire buildings with as little as 10% down, creating a structural pricing advantage over investor-buyers.

Looking for industrial property in Dr. Phillips?

Ryan Solberg and the MaxLife Realty team work Dr. Phillips and the surrounding Central Florida markets every day. We source on-market and off-market opportunities, underwrite them against institutional standards, and help clients close with confidence.

Get in touch →

Get Market Insights Delivered

Weekly Central Florida CRE updates — cap rates, new listings, market trends, and investment opportunities. No spam, unsubscribe anytime.