Lake Worth Sublease

Lake Worth

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
600
As of: March 30, 2017

Lake Worth Rates

On average, listings lease in the $10's per square foot per year. The Lake Worth region is seeing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 34% decline in rent.

Compared to the rest of the Gold Coast market, the Lake Worth submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Lake Worth Listing Supply

In the last 90 days, 5 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Lake Worth 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 600 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1975 and are Class B.

Lake Worth Community

Market Report

Trends and status of the commercial real estate market in Lake Worth.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Worth.
Research

Lake Worth Submarkets