The typical asking rate per listing is in the $20's per square foot per year. The Colonial Town Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Orlando market, the Colonial Town Center region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the available leases in the Colonial Town Center are subleases, so you might be able to find a shorter term or below market rent. 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 6,470 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1973 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Colonial Town Center residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.