The typical asking rate per listing is in the $30's per square foot per year. The Palm Beach Gardens submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Gold Coast market, the Palm Beach Gardens region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,040 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1998 and are Class A.