Delray Beach Office Space

Delray Beach

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,190
As of: July 21, 2017

Delray Beach Rates

Most listings are in the $20's per square foot per year. The Delray Beach region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.

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

Delray Beach Listing Supply

In the last 90 days, 33 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 70% of the listings in the Delray Beach are subleases, so you might be able to find a shorter term or below market rent. 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 1,190 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1987 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.
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