The typical asking rate per listing is in the $20's per square foot per year. The Colonial Town Center region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Orlando market, the Colonial Town Center region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been posted online, which means office spaces might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,060 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region 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 region. Commute by car is the most popular way to get to work amongst Colonial Town Center residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.