Delray Beach Office Space

Delray Beach

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Delray Beach Rates

The typical asking rate per listing is in the $10's per square foot per year. The Delray Beach region is going through a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 44% decline in rent.

Compared to the rest of the Gold Coast market, the Delray Beach region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Delray Beach Listing Supply

In the last 90 days, 27 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 7% of the office spaces in the Delray Beach are subleases, so you will probably have to consider a longer term lease. 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 1,590 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1988 and are Class B.

Delray Beach Community

Market Report

Trends and status of the commercial real estate market in Delray Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Delray Beach.