Most listings are in the $30's per square foot per year. The Southwest Boca Raton region is experiencing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Gold Coast market, the Southwest Boca Raton region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 380 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Southwest Boca Raton 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 2,450 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Southwest Boca Raton occupants. 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 Southwest Boca Raton.
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