Most listings are in the $30's per square foot per year. The Southeast Boca Raton region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Gold Coast market, the Southeast Boca Raton submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 117 listings have been listed, so you'll want to check back regularly for new listings. About 36% of the available leases in the Southeast Boca Raton 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Southeast Boca Raton residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeast Boca Raton.
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