Most listings are in the $30's per square foot per year. The Central Business District submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Orlando market, the Central Business District region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available leases in the Central Business District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this area are around 6 stories. Most buildings in this area were built in 1960 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central Business District occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.