Colonial Town Center Office Space

Colonial Town Center

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,100
As of: January 17, 2017

Colonial Town Center Rates

On average, listings lease in the $20's per square foot per year. The Colonial Town Center region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise 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 undervalued region.

Colonial Town Center Listing Supply

In the last 90 days, 4 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Colonial Town Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,100 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1973 and are Class B.

Colonial Town Center Community

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 around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Colonial Town Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Colonial Town Center.
Research