The typical asking rate per listing is in the $30's per square foot per year. The Palm Beach Gardens submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Gold Coast market, the Palm Beach Gardens submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 10 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 190% of the office spaces in the Palm Beach Gardens are subleases, so you might be able to snag a great spot on a short term. 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 2,410 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1998 and are Class A.