On average, listings lease in the $20's per square foot per year. The Northeast Boca Raton region is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Gold Coast market, the Northeast Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 16,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the residents of Northeast Boca Raton work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.