Northeast Boca Raton Sublease

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Northeast Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,420
As of: June 28, 2017

Northeast Boca Raton Rates

On average, listings lease in the $20's per square foot per year. The Northeast Boca Raton region is going through a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Compared to the rest of the Gold Coast market, the Northeast Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Northeast Boca Raton Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Northeast Boca Raton are subleases, so you might be able to snag a great spot on a short term. 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 1,420 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1986 and are Class A.

Northeast Boca Raton Community

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. Most of the occupants of Northeast Boca Raton work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Northeast Boca Raton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Boca Raton.
Research