On average, listings lease in the $30's per square foot per year. The Boca Raton submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Gold Coast market, the Boca Raton region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 977 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the available space in the Boca Raton are subleases, so you might be able to snag a great spot on a short term. 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 1,910 sqft. Most properties in this region are approximately 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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