Quarterly Research
Central Florida CRE Market Reports
Quarterly commercial real estate intelligence for Central Florida and the Space Coast. Cap rates, vacancy, absorption, and notable transactions across every major asset class. Every data point traces back to a published source — or is explicitly flagged as an in-market observation. No fabricated numbers, no fluff.
Florida Single-Tenant NNN Market Report
The Q2 2026 net-lease data is now in, and it confirmed the higher-for-longer thesis. The Boulder Group's Q2 report (published early July) put the overall single-tenant net lease median asking cap rate at 6.82%, up 2 basis points from Q1, with retail at 6.60% (up 5 bps), industrial at 7.25% (up 10 bps), and office flat at 7.90% — the first broad uptick after Q1's compression. The move tracked the Federal Reserve's June 17 turn: the Fed held the funds rate at 3.50–3.75% for a fourth straight meeting but its updated projections removed the 2026 rate cut it had penciled in, raising the median year-end dot to 3.8% and signaling a possible hike rather than easing, while the 10-year Treasury pushed to roughly 4.54% by mid-July. Beneath the flat index the market stayed sharply bifurcated: premium corporate ground leases (McDonald's, Chick-fil-A) held near a 4.45% asking cap while franchisee QSR (6.85%), dollar stores (7.49%), and drug stores (7.85%) traded far wider. Florida remained one of the most active single-tenant markets in the country, and the quarter's closings were led by QSR and convenience product — a newly built Lake Nona Chipotle traded at a disclosed 4.56% cap, and Circle K, 7-Eleven, Wawa, and a Shell/Dunkin' pad all changed hands.
Read the full Q2 2026 reportArchive
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2026
Q2 2026 · April – June 2026
Florida Single-Tenant NNN Market Report
The Q2 2026 net-lease data is now in, and it confirmed the higher-for-longer thesis. The Boulder Group's Q2 report (published early July) put the overall single-tenant net lease median asking cap rate at 6.82%, up 2 basis points from Q1, with retail at 6.60% (up 5 bps), industrial at 7.25% (up 10 bps), and office flat at 7.90% — the first broad uptick after Q1's compression. The move tracked the Federal Reserve's June 17 turn: the Fed held the funds rate at 3.50–3.75% for a fourth straight meeting but its updated projections removed the 2026 rate cut it had penciled in, raising the median year-end dot to 3.8% and signaling a possible hike rather than easing, while the 10-year Treasury pushed to roughly 4.54% by mid-July. Beneath the flat index the market stayed sharply bifurcated: premium corporate ground leases (McDonald's, Chick-fil-A) held near a 4.45% asking cap while franchisee QSR (6.85%), dollar stores (7.49%), and drug stores (7.85%) traded far wider. Florida remained one of the most active single-tenant markets in the country, and the quarter's closings were led by QSR and convenience product — a newly built Lake Nona Chipotle traded at a disclosed 4.56% cap, and Circle K, 7-Eleven, Wawa, and a Shell/Dunkin' pad all changed hands.
Q1 2026 · January – March 2026
Central Florida Commercial Real Estate Market Report
Q1 2026 closed with the Federal Reserve on hold at a 3.50–3.75% target range and the 10-year Treasury oscillating in the low-4% area, a macro backdrop that kept Central Florida capital markets active but disciplined. Industrial was the clear winner, with the national market printing its strongest first quarter for net absorption since 2023 and Orlando-area industrial vacancy at 7.2% — a 110 bps year-over-year improvement. Multifamily remained Orlando's most complex story: supply is finally tapering but 11,367 units were still under construction at year-end 2025 and vacancy sat near 8.9%, keeping asking-rent growth in negative territory. Office stayed sharply bifurcated — metro-wide vacancy at 17.6% with rent growth of just 1.3% year-over-year — but institutional capital still placed a $96M portfolio bet on the market in January. Retail fundamentals remained the tightest of any sector, although firms with current Q1 2026 Orlando-specific retail prints had not yet published at the time of this report.
Methodology
Every MaxLife Commercial market report follows the same discipline: macro data comes from publicly cited sources (Federal Reserve / FRED, Bureau of Labor Statistics, U.S. Census, and Central Florida regional economic releases), asset-class statistics are drawn from quarterly publications of major commercial brokerages (CBRE, JLL, Cushman & Wakefield, Colliers, Newmark, Marcus & Millichap), and notable transactions are pulled from public press coverage in outlets like the Orlando Business Journal, Connect CRE, Commercial Observer, Bisnow, and GlobeSt.
Each data point in each report is attached to a numbered source citation. Any commentary, cap rate range estimate, or submarket observation that reflects MaxLife Commercial's own in-market practitioner view — rather than a published number — is labeled as such so you know which is which.
Reports are published within two to three weeks of quarter end, once enough sourced data is available. If you're looking for a specific submarket, asset class, or deeper historical quarter that isn't in the archive yet, send us a note and we'll prioritize it.
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