The typical asking rate per listing is in the $30's per square foot per year. The Alafaya Professional Park submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 39% decline in rent.
In the last 90 days, 3 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 9,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 2007 and are Class B.
Public administration is the dominant industry in this area. Most of the occupants of Alafaya Professional Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.