5000 Mercantile Lane

JLL has been exclusively retained to market for sale the fee simple interest in 5000 Mercantile Lane – a 164,837 SF distribution center and manufacturing facility located within the Osceola County submarket in Orlando.

Constructed in 2005, the property is fully leased to JELD-WEN, a leading global designer, manufacturer and distributor of high-performance interior and exterior doors, windows and related building products (NYSE: JELD: 2025 Net Sales: $3.2B). JELD-WEN’s occupancy at 5000 Mercantile Lane is strategically linked to its longstanding Kissimmee manufacturing operation located less than five minutes away, creating an integrated manufacturing and distribution platform that would be operationally disruptive to replicate elsewhere. With nearly 30 years of operating history in Kissimmee and an established local production workforce, the Property benefits from meaningful tenant investment in the location, enhancing renewal stickiness and the strategic importance of the facility. This is reinforced by the fact that JELD-WEN expanded into the entire footprint of the building shortly after their initial occupancy in 2023.

The Property boasts loading on three sides, 24’-26’ clear heights and two separate truck courts. The building’s design provides operational flexibility, as it was originally configured for two separate tenants before being consolidated under JELD-WEN’s occupancy in 2023, allowing for potential future multi-tenant configurations. 

The asset provides seamless connectivity to the full Orlando MSA and Central Florida market while benefiting from Osceola County’s rapidly expanding local rooftop base, which has achieved 16 consecutive years of positive absorption.

Combined with in-place rents approximately 41% below market, the Property offers investors compelling near-term mark-to-market upside, with the potential for meaningful NOI growth upon renewal or re-leasing.