Most listings are in the $20's per square foot per year. The Colonial Town Center submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
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 depreciated region.
In the last 90 days, 4 listings have come on the market, which means new listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,060 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market 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 market. Commute by car is the most popular way to get to work amongst Colonial Town Center residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.