Southwest Boca Raton Sublease

Southwest Boca Raton

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Southwest Boca Raton Rates

Most listings are in the $20's per square foot per year. The Southwest Boca Raton submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.

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

Southwest Boca Raton Listing Supply

In the last 90 days, 18 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Southwest Boca Raton are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,730 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this area were built in 1988 and are Class A.

Southwest 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. Commute by walking is the most popular way to get to work amongst Southwest Boca Raton occupants. Commuting between 30 and 45 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 Southwest Boca Raton.
Market Report

Market Data

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