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Most commerial real estate listings for lease are in the $30's per square foot per year. The Lake Eola Heights region is experiencing a a boost in rates. In the last 3 months, the median rate for lease went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Orlando commercial real estate market, the Lake Eola Heights region has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 73 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 1,260 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built around 1959 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Lake Eola Heights residents. Commuting approximately an hour and a half 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 Lake Eola Heights.
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