Boca Raton Office Space

Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
114
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,860
As of: December 5, 2016

Boca Raton Rates

On average, listings lease in the $20's per square foot per year. The Boca Raton region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 20% decline in rent.

Compared to the rest of the Gold Coast market, the Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Boca Raton Listing Supply

In the last 90 days, 114 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Boca Raton are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,860 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1987 and are Class A.

Boca Raton Community

Market Report

Trends and status of the commercial real estate market in Boca Raton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Boca Raton.
Research