Most listings are in the $20's per square foot per year. The Thornton Park submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $73 per sqft per year. That's a 75% decline in rent.
Compared to the rest of the Orlando market, the Thornton Park submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this market were built in 1925.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Thornton Park residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.