Most listings are in the $10's per square foot per year. The Colonial Town Center submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the Orlando market, the Colonial Town Center submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space 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.
The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1973 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Colonial Town Center folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.