The typical asking rate per listing is in the $10's per square foot per year. The Colonial Town Center region is seeing a decline 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 discounted submarket.
In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Colonial Town Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, 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 properties in this market are around 1 stories. Most buildings in this area were built in 1973 and are Class B.
A large portion of this region 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 around 15 minutes a day is the norm for those who opt to reside in this part of town.