On average, listings lease in the $30's per square foot per year. The Northwest Boca Raton region is experiencing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Gold Coast market, the Northwest Boca Raton submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 43 listings have been listed, so you'll want to check back regularly for new listings. About 63% of the office spaces in the Northwest 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 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the residents of Northwest Boca Raton work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.