West Palm Beach Office Space

1645 Palm Beach Lakes Blvd - 6 Spaces West Palm Beach, FL  
Jul 24
500 - 4,400
sqft
Sublease Office Medical

West Palm Beach

Market Report

Number of Listings
Posted in the last 90 days
101
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,830

West Palm Beach Rates

On average, listings lease in the $20's per square foot per year. The West Palm Beach region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.

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

West Palm Beach Listing Supply

In the last 90 days, 1257 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the West 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,830 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1985 and are Class B.

West Palm Beach Community

Market Data

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