Most listings are in the $10'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 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 lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the listings in the Colonial Town Center are subleases, so you might be able to snag a great spot on a short term. 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 3,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1973 and are Class B.
A large portion of this market 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 occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.