The typical asking rate per listing is in the $30's per square foot per year. The South Eola region is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Orlando market, the South Eola region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,100 sqft. Most properties in this market are around 12 floors. Most buildings in this area were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst South Eola folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.