Boca Raton Retail

Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
114
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,860
As of: December 10, 2016

Boca Raton Rates

Most listings are in the $20's per square foot per year. The Boca Raton region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 20% decline in rent.

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

Boca Raton Listing Supply

In the last 90 days, 114 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Boca Raton are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,860 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1987 and are Class A.

Boca Raton Community

Market Report

Trends and status of the commercial real estate market in Boca Raton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Boca Raton.
Research