Boca Raton Industrial

Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
123
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,260
As of: August 20, 2017

Boca Raton Rates

On average, listings lease in the $20's per square foot per year. The Boca Raton submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 19% decrease in rent.

Compared to the rest of the Gold Coast market, the Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Boca Raton Listing Supply

In the last 90 days, 123 listings have come on the market, so you'll want to check back regularly for new listings. About 46% of the listings 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 2,260 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market 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