Palm Bay Office Space

Palm Bay

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,660
As of: July 25, 2017

Palm Bay Rates

The typical asking rate per listing is in the $10's per square foot per year. The Palm Bay region is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 27% rise in rent.

Palm Bay Listing Supply

In the last 90 days, 10 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 400% of the available space in the Palm Bay 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1984 and are Class A.

Palm Bay Community

Market Report

Trends and status of the commercial real estate market in Palm Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palm Bay.
Research

Palm Bay Submarkets