On average, listings lease in the $20's per square foot per year. The West Palm Beach region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the West Palm Beach market, the West Palm Beach region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,490 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1986 and are Class B.