Boca Raton Industrial

Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
123
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,080
As of: July 22, 2017

Boca Raton Rates

The typical asking rate per listing is in the $30's per square foot per year. The Boca Raton submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 30% rise in rent.

Compared to the rest of the Gold Coast market, the Boca Raton submarket has higher 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 made available, so you'll want to check back regularly for new listings. About 44% of the office spaces in the Boca Raton are subleases, so you might be able to sign a shorter term by taking over a previous 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.

The standard measurement for office space in this area is around 2,060 sqft. Most buildings in this market are close to 3 floors. 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