Most listings are in the $30's per square foot per year. The South Eola region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Orlando market, the South Eola submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 80% of the office spaces in the South Eola 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 5,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 12 floors. Most buildings in this market were built in 1969 and are Class A.
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 region. Commute by walking is the most popular way to get to work amongst South Eola occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.