Most listings are in the $30's per square foot per year. The Central Business District submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Orlando market, the Central Business District submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available space in the Central Business District 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 2,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 6 stories. Most buildings in this area were built in 1960 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Business District residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.