The typical asking rate per listing is in the $30's per square foot per year. The Central Business District submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Orlando market, the Central Business District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 50 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the listings in the Central Business District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,800 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this market were built in 1963 and are Class A.
This market 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 residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.