Most listings are in the $20's per square foot per year. The Rio Grande Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Orlando market, the Rio Grande Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 18 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Rio Grande Park are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 12,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 2005.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Rio Grande Park folk. Commuting close to 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 Rio Grande Park.
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