The typical asking rate per listing is in the $30's per square foot per year. The Southwest Boca Raton submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Gold Coast market, the Southwest Boca Raton submarket has greater rates, and you'll need to pay a premium to be in this hot region.
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 office spaces 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 1,870 sqft. Most properties in this market are around 4 floors. Most buildings in this market 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.