401 Gills Dr — Lease in Orlando, FL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Orlando, FL 32824

Description

Tour Orlando's only fully air-conditioned standalone cross dock facility located in South Orlando. Visible on SR-528 (Beachline Expressway) and situated between Orange Blossom Trail and Orange Avenue. This building is a perfect location for a statewide distribution facility. Listing Type: FOR LEASE

Market Context

This industrial in Orlando, FL is listed for lease. It has been on the market for 72 days. Compare it against other industrial listings for lease in Orlando, FL — view the full market.

As of Q1 2026, the Orlando industrial market showed an 8.1% vacancy rate, average asking rents near $11.00/SF/yr, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Orlando?
About 5.0% as of Q1 2026, per multiple brokerage reports.
Is the Orlando industrial market tightening or softening?
Vacancy is around 8.1% (Q1 2026).

Estimated Market Rate

$0.88/SF/mo – $1.19/SF/mo

Mid: $1.04/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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