On average, listings lease in the $20's per square foot per year. The Boca Raton Hills region is seeing a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Gold Coast market, the Boca Raton Hills submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,680 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1992 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Boca Raton Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.