NNN Properties · Orange County
NNN Properties for Sale in Dr. Phillips
Dr. Phillips offers one of the most attractive NNN investment markets in Central Florida. Population growth, strong retail demand, and credit tenant expansion have made Dr. Phillips a priority market for passive net-lease investors and 1031 exchange buyers looking for stable cash flow with zero management.
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 NNN Properties in Dr. Phillips
- ✓Absolute net lease structures with zero landlord responsibilities
- ✓Corporate-guaranteed rent from investment-grade tenants
- ✓Long lease terms (typically 10-20 years) with predictable escalations
- ✓Ideal for 1031 exchange replacement property
- ✓Institutional-quality income without institutional deal size
Typical NNN Properties Tenants in Dr. Phillips
NNN properties are best suited for passive investors and 1031 exchange buyers looking for mailbox-money cash flow backed by corporate guarantees.
Why Investors Buy NNN Properties in Dr. Phillips
NNN investors are drawn to Dr. Phillips for the same reasons operators are expanding here — strong demographics, growing population, and a retail environment that supports credit tenant expansion. Deals priced between $1.5M and $5M trade actively in this market, making Dr. Phillips accessible to both 1031 exchange buyers and first-time NNN investors.
What to Look for in a Dr. Phillips NNN Deal
The best Dr. Phillips NNN deals combine strong tenant credit with a defensive location. Look for corner outparcels, established retail corridors, and properties with demographic tailwinds. Avoid over-reliance on a single industry and watch for upcoming lease expirations that could impact your exit strategy.
NNN Cap Rates in Dr. Phillips
Cap rates for NNN deals in Dr. Phillips typically range from 5.25% for top-tier corporate-guaranteed deals with long remaining lease terms, up to 7.25% for franchisee-operated deals or shorter lease terms. Location, tenant credit, and lease structure drive pricing more than the specific asset class.
Looking for nnn properties 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 →