Delray Beach Retail

Delray Beach

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,190
As of: August 19, 2017

Delray Beach Rates

Most listings are in the $20's per square foot per year. The Delray Beach submarket is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 22% decrease in rent.

Compared to the rest of the Gold Coast market, the Delray Beach region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Delray Beach Listing Supply

In the last 90 days, 33 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 58% of the listings in the Delray Beach 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,190 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1987 and are Class B.

Delray Beach Community

Market Report

Trends and status of the commercial real estate market in Delray Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Delray Beach.
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