The typical asking rate per listing is in the $20's per square foot per year. The Boca Raton submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Gold Coast market, the Boca Raton submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 114 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the listings in the Boca Raton 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,860 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 1987 and are Class A.