Delray Beach Retail

Delray Beach

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,560
As of: May 21, 2017

Delray Beach Rates

The typical asking rate per listing is in the $20's per square foot per year. The Delray Beach region is going through a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 37% increase 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 undervalued submarket.

Delray Beach Listing Supply

In the last 90 days, 33 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,560 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region 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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