The typical asking rate per listing is in the $10's per square foot per year. The Delray Beach submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the Gold Coast market, the Delray Beach region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 232 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available space in the Delray Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,100 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Delray Beach.
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