Most listings are in the $30's per square foot per year. The Southeast Boca Raton submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the Gold Coast market, the Southeast Boca Raton submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 14 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 64% of the available space in the Southeast Boca Raton are subleases, so you might be able to snag a great spot on a short term. 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 1,000 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Southeast Boca Raton residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.