Northwest Boca Raton Sublease

Northwest Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,740
As of: December 3, 2016

Northwest Boca Raton Rates

On average, listings lease in the $20's per square foot per year. The Northwest Boca Raton submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Gold Coast market, the Northwest Boca Raton submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Northwest Boca Raton Listing Supply

In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Northwest Boca Raton are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1994 and are Class A.

Northwest Boca Raton Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Most of the folk of Northwest Boca Raton work from home. Commuting approximately 20 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 Northwest Boca Raton.
Market Report

Market Data

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