The typical asking rate per listing is in the $10's per square foot per year. The North Orlando region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 20 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the North Orlando are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 580 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst North Orlando residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in North Orlando.
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