Delray Beach Sublease

Delray Beach

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,180
As of: June 23, 2017

Delray Beach Rates

On average, listings lease in the $20's per square foot per year. The Delray Beach region is experiencing a a rise in rates. In the last 3 months, the median rate went up $27 per sqft per year.

Compared to the rest of the Gold Coast market, the Delray Beach region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Delray Beach Listing Supply

In the last 90 days, 33 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 97% of the available leases in the Delray Beach are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,190 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1987 and are Class B.

Delray Beach Community

Market Report

Trends and status of the commercial real estate market in Delray Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Delray Beach.
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