On average, listings lease in the $10's per square foot per year. The Colonial Town Center region is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 27% decline in rent.
Compared to the rest of the Orlando market, the Colonial Town Center submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 175% of the available leases 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1973 and are Class B.
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 close to 15 minutes a day is the norm for those who opt to reside in this part of town.