The typical asking rate per listing is in the $20's per square foot per year. The Southwest Boca Raton submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Gold Coast market, the Southwest Boca Raton region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 25% of the listings in the Southwest Boca Raton are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,210 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 1988 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 region. Commute by walking is the most popular way to get to work amongst Southwest Boca Raton residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.