Central Boca Raton Industrial

Central Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
1,400
As of: August 17, 2017

Central Boca Raton Rates

On average, listings lease in the $40's per square foot per year. The Central Boca Raton submarket is going through a a rise in rates. In the last 3 months, the median rate went up $43 per sqft per year.

Compared to the rest of the Gold Coast market, the Central Boca Raton region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Central Boca Raton Listing Supply

In the last 90 days, 13 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available space in the Central 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 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 1,400 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1988 and are Class B.

Central Boca Raton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Boca Raton residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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