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Palm Beach Medical Space For Lease

Palm Beach

Market Report

Number of Listings For Lease
Posted in the last 180 days
13
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
230

Palm Beach Commercial Real Estate

Find Palm Beach commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Palm Beach commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Palm Beach Rates

The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Palm Beach submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $5 per sqft per year.

Compared to the rest of the Palm Beach commercial real estate market, the Palm Beach submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Palm Beach Listing Supply

In the last 180 days, 130 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available commercial real estate space in the Palm Beach are subleases, so you will probably have to consider a longer term 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 size for office space in this area is around 230 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built approximately 1972 and are Class B.

Palm Beach Community

Market Data

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