Downtown is a trophy-tier Class A submarket of Orlando with average asking rent around $38/sqft/yr.
Orlando's legacy CBD trophy core. · Tier: trophy · Avg rent: $38/sqft/yr
Downtown Orlando anchors the metro's deepest Class A market — SunTrust Center, Bank of America Center, and growing post-2020 mixed-use Class A.
Banking, professional services, government, law firms.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
LYNX Central Station, SunRail.
Multi-modal transit captures the metro's principal professional catchment.
Lake Eola, Amway Center, Dr. Phillips Center.
Downtown is one of 5 Class A submarkets we cover in Orlando, classified as trophy tier with an average asking rent around $38/sqft/yr. Compared with the broader Orlando Class A stock, Downtown typically attracts Banking, professional services, government, law firms and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Downtown: Lake Nona, Maitland / Altamonte Springs, Lake Mary / Heathrow, I-Drive / Tourism Corridor. The full Orlando submarket atlas is at /cities/orlando.
For an institutional Class A occupier evaluating Downtown, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Orlando Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.