On average, listings lease in the $30's per square foot per year. The Boca Raton Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $40 per sqft per year.
Compared to the rest of the Gold Coast market, the Boca Raton Hills region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,180 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1992 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Boca Raton Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.