North Palm Beach Village Industrial

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North Palm Beach Village

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
420
As of: December 5, 2016

North Palm Beach Village Rates

On average, listings lease in the $30's per square foot per year. The North Palm Beach Village submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 43% increase in rent.

Compared to the rest of the Gold Coast market, the North Palm Beach Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

North Palm Beach Village Listing Supply

In the last 90 days, 13 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 420 sqft. Most buildings in this area are around 4 floors. Most buildings in this region were built in 1971 and are Class B.

North Palm Beach Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst North Palm Beach Village folk. Commuting between 30 and 45 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 North Palm Beach Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Palm Beach Village.
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North Palm Beach Submarkets