Boca Raton Industrial

Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
123
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,860
As of: March 12, 2017

Boca Raton Rates

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 went up $3 per sqft per year. That's a 8% increase 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.

Boca Raton Listing Supply

In the last 90 days, 123 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the listings in the Boca Raton are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,860 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1987 and are Class A.

Boca Raton Community

Market Report

Trends and status of the commercial real estate market in Boca Raton.
Market Report

Market Data

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