On average, listings lease in the $20's per square foot per year. The Northeast Boca Raton region is experiencing a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Gold Coast market, the Northeast Boca Raton submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 360% of the office spaces in the Northeast Boca Raton are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,290 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the occupants of Northeast Boca Raton work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.