The typical asking rate per listing is in the $20's per square foot per year. The Riviera Beach region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Gold Coast market, the Riviera Beach region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 94 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Riviera 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.
Even though the median size is 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1988 and are Class B.
Real time and historical data on commercial real estate listings in Riviera Beach.
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