Palm Beach Industrial

Palm Beach

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
810

Palm Beach Rates

Most listings are in the $50's per square foot per year. The Palm Beach submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 24% decline in rent.

Compared to the rest of the Palm Beach market, the Palm Beach submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Palm Beach Listing Supply

In the last 90 days, 130 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Palm Beach are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 810 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1973 and are Class B.

Palm Beach Community

Market Data

Real time and historical data on commercial real estate listings in Palm Beach.
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