Why Orlando

Retail Market Snapshot 159.8 MSF Total Retail

Q1 2025

SUPPLY & DEMAND

Product Type Spotlight

3M

4

2M

MALLS

1M

13.4 MSF Inventory

7.4% Overall Vacancy

$39.51 Overall Rent (NNN)

LAKE

SEMINOLE

0

POWER CENTERS

−1M

2020

2021

2022

2023

2024

2025 YTD

10.9 MSF Inventory

6.1% Overall Vacancy

$30.66 Overall Rent (NNN)

ORANGE

Construction Completions

Overall Net Absorption

NEIGHBORHOOD CENTERS

47.4 MSF Inventory

4.5% Overall Vacancy

$28.04 Overall Rent (NNN)

DIRECT RENTAL & VACANCY RATES

4

OSCEOLA

STRIP CENTERS

$ 30

5.0 %

9.8 MSF Inventory

4.2% Overall Vacancy

$28.28 Overall Rent (NNN)

4.5 %

$ 28

4.0 %

$ 26

3.5 %

$ 24

GENERAL RETAIL

3.0 %

$ 22

74.9 MSF Inventory

2.2% Overall Vacancy

$28.75 Overall Rent (NNN)

2.5 %

$ 20

2.0 %

2020

2021

2022

2023

2024

2025

OTHER

Direct Rental Rate

Ovreall Vacancy

3.4 MSF Inventory

2.1% Overall Vacancy

$38.76 Overall Rent (NNN)

Cushman & Wakefield | Why Orlando

Source: CoStar