On average, listings lease in the $30's per square foot per year. The Central Business District region is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Orlando market, the Central Business District region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 71 listings have been made available, so you'll want to check back regularly for new listings. About 6% 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 2,580 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this region were built in 1960 and are Class A.
This region 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.