On average, listings lease in the $30's per square foot per year. The Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 12% increase 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 region.
In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 144% of the office spaces in the Central Business District are subleases, so you might be able to snag a great spot on a short term. 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 3,970 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this market were built in 1966 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. 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.