West Palm Beach Retail

419 Northwood Rd - 2 Spaces West Palm Beach, FL This listing is a nnn lease.
Sep 22
1,270 - 1,680
sqft
Retail Restaurant
Retail Building For Lease - Space West Palm Beach, FL  
Aug 09
19,580
sqft
Retail

West Palm Beach

Market Report

Number of Listings
Posted in the last 90 days
75
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,600

West Palm Beach Rates

On average, listings lease in the $30's per square foot per year. The West Palm Beach submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease 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 depreciated 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are approximately 2 floors. 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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