Office Space · Orange County

Office Space for Lease in SoDo (South of Downtown)

SoDo (South of Downtown) has a diverse office market serving professional services, medical tenants, and corporate regional offices. Whether you're looking for a 1,000 sq ft suite or a 50,000 sq ft full-floor lease, SoDo (South of Downtown) offers options across Class A, Class B, and flex space.

Cap Rates: 6.5% - 8.5%Population: ~12,0002 miles S of downtown Orlando

About SoDo (South of Downtown)

SoDo is an urban-infill submarket south of downtown Orlando along Orange Avenue and the I-4 corridor. Originally an auto-dealer row, the area is rapidly transforming with new multifamily, creative office, and mixed-use development. Investors are finding value-add opportunities in older industrial and commercial buildings.

Market highlights

  • Rapid transformation from auto-dealer corridor to mixed-use urban
  • New multifamily towers and mid-rise development pipeline
  • SoDo shopping district with Target, HomeGoods, and ALDI
  • Orlando City Soccer stadium driving foot traffic
  • Some of Orlando's best adaptive reuse opportunities

Major employers

  • Retail services
  • Creative and tech companies
  • Construction and development

Demographics

Median household income ~$55,000 with a rapidly shifting demographic as new luxury multifamily attracts young professionals.

Why Invest in Office Space in SoDo (South of Downtown)

  • Class A, Class B, and medical office availability
  • Flex suites ranging from 500 to 50,000 sq ft
  • Landlord build-out allowances typical in today's market
  • Direct and sublease opportunities in established corridors
  • Executive suite and coworking options for smaller users

Typical Office Space Tenants in SoDo (South of Downtown)

{{city}} office investment strategies range from stabilized Class A for institutional capital to value-add Class B repositioning for smaller investors willing to lease up vacancy.

Professional servicesMedicalFinancial servicesTechLegalInsurance

SoDo (South of Downtown) Office Market Snapshot

The SoDo (South of Downtown) office market has stabilized after the post-pandemic reset. Class A fundamentals remain firm in top submarkets, while Class B product has seen downward pressure on rents as tenants prioritize amenitized space. Medical office remains the strongest performer across every submarket in SoDo (South of Downtown).

Common Office Lease Terms in SoDo (South of Downtown)

Most SoDo (South of Downtown) office leases run 3-5 years with annual escalations of 2-3%. Landlords typically offer 1-2 months of free rent plus a build-out allowance for larger deals. Operating expense pass-throughs are standard for Class A and B product.

Choosing the Right SoDo (South of Downtown) Submarket

SoDo (South of Downtown)'s office submarkets each have distinct characteristics. Professional service firms gravitate to established corridors with parking and visibility. Medical tenants prioritize proximity to hospitals and major residential concentrations. Tech and creative users lean toward adaptive reuse product with character.

Looking for office space in SoDo (South of Downtown)?

Ryan Solberg and the MaxLife Realty team work SoDo (South of Downtown) and the surrounding Central Florida markets every day. We source on-market and off-market opportunities, underwrite them against institutional standards, and help clients close with confidence.

Get in touch →

Get Market Insights Delivered

Weekly Central Florida CRE updates — cap rates, new listings, market trends, and investment opportunities. No spam, unsubscribe anytime.