The typical asking rate per listing is in the $20's per square foot per year. The Colonial Town Center region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Orlando market, the Colonial Town Center region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the available leases 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 1973 and are Class B.
A large portion of this region 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.