The typical asking rate per listing is in the $40's per square foot per year. The Boca Center region is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Gold Coast market, the Boca Center submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 8,920 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region were built in 1988 and are Class A.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Boca Center occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.