Lake Worth Office Space

Lake Worth

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,200
As of: February 19, 2017

Lake Worth Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Worth region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 21% decrease in rent.

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

Lake Worth Listing Supply

In the last 90 days, 8 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Lake Worth 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 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 1,200 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1975 and are Class B.

Lake Worth Community

Market Report

Trends and status of the commercial real estate market in Lake Worth.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Worth.
Research