The typical asking rate per listing is in the $30's per square foot per year. The Boca Raton submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 20% rise in rent.
Compared to the rest of the Gold Coast market, the Boca Raton region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 977 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the available leases in the Boca Raton are subleases, so you will probably have to focus your search on direct office leases. 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 1,850 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in Boca Raton.
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