On average, listings lease in the $10's per square foot per year. The Monterey submarket is going through a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year.
Compared to the rest of the Orlando market, the Monterey submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the office spaces in the Monterey are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,190 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Monterey occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.