Colonial Town Center Retail

Colonial Town Center

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,240
As of: July 22, 2017

Colonial Town Center Rates

Most listings are in the $10's per square foot per year. The Colonial Town Center submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 27% decrease in rent.

Compared to the rest of the Orlando market, the Colonial Town Center submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Colonial Town Center Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Colonial Town Center are subleases, so you might be able to find a shorter term or below market rent. 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 2,240 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1973 and are Class B.

Colonial Town Center Community

A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Colonial Town Center folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Colonial Town Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Colonial Town Center.
Research