On average, listings lease in the $30's per square foot per year. The North Palm Beach region is seeing a a boost in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Gold Coast market, the North Palm Beach submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 733% of the available leases in the North Palm Beach 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 330 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1984 and are Class B.