Northwest Boca Raton Retail

Northwest Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
5,200
As of: February 20, 2017

Northwest Boca Raton Rates

On average, listings lease in the $20's per square foot per year. The Northwest Boca Raton region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Gold Coast market, the Northwest Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Northwest Boca Raton Listing Supply

In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the office spaces in the Northwest Boca Raton 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.

Even though the median size is 5,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1987 and are Class A.

Northwest Boca Raton Community

A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Most of the folk of Northwest Boca Raton work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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