On average, listings lease in the $30's per square foot per year. The Palm Beach Gardens region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Gold Coast market, the Palm Beach Gardens region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 10 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. 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 2,040 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1998 and are Class A.