The Villages of Palm Beach Lakes Industrial

The Villages of Palm Beach Lakes

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,370
As of: May 27, 2017

The Villages of Palm Beach Lakes Rates

The typical asking rate per listing is in the $10's per square foot per year. The The Villages of Palm Beach Lakes region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Gold Coast market, the The Villages of Palm Beach Lakes region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

The Villages of Palm Beach Lakes Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,370 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1989 and are Class B.

The Villages of Palm Beach Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst The Villages of Palm Beach Lakes folk. Commuting approximately 10 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 The Villages of Palm Beach Lakes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Villages of Palm Beach Lakes.
Research

Schall Circle Submarkets