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Northwest Boca Raton Commercial Real Estate For Lease

Northwest Boca Raton

Market Report

Number of Listings For Lease
Posted in the last 90 days
17
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,010

Northwest Boca Raton Commercial Real Estate

Find Northwest Boca Raton commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Northwest Boca Raton commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northwest Boca Raton Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Northwest Boca Raton submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $15 per sqft per year.

Compared to the rest of the Gold Coast commercial real estate market, the Northwest Boca Raton region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Northwest Boca Raton Listing Supply

In the last 90 days, 337 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 1,010 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built close to 1986 and are Class A.

Northwest Boca Raton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the occupants of Northwest Boca Raton work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Northwest Boca Raton.
Research