On average, listings lease in the $10's per square foot per year. The The Villages of Palm Beach Lakes region is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Gold Coast market, the The Villages of Palm Beach Lakes region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,370 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Villages of Palm Beach Lakes occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.