Northeast Boca Raton Office Space

Northeast Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,610
As of: August 22, 2017

Northeast Boca Raton Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Boca Raton region is seeing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% increase in rent.

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

Northeast Boca Raton Listing Supply

In the last 90 days, 5 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 140% of the listings in the Northeast Boca Raton 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,610 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1986 and are Class A.

Northeast Boca Raton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Northeast Boca Raton work from home. Commuting between 20 and 25 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 Northeast Boca Raton.
Market Report

Market Data

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