Most listings are in the $30's per square foot per year. The Lake Eola Heights submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $33 per sqft per year.
Compared to the rest of the Orlando market, the Lake Eola Heights region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 16,390 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1959 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Lake Eola Heights folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.