On average, listings lease in the $30's per square foot per year. The Southwest Boca Raton submarket is going through a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Gold Coast market, the Southwest Boca Raton submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Southwest Boca Raton are subleases, so you will probably have to focus your search on direct office leases. 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 3,980 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 1988 and are Class A.
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. Commute by walking is the most popular way to get to work amongst Southwest Boca Raton folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.