On average, listings lease in the $30's per square foot per year. The Central Business District region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Orlando market, the Central Business District region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Central Business District are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,750 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 6 floors. Most buildings in this area were built in 1960 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central Business District occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.