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Office Space · Palm Beach County

Office Space for Lease in Boca Raton

Boca Raton has a diverse office market serving professional services, medical tenants, and corporate regional offices. Whether you're looking for a 1,000 sq ft suite or a 50,000 sq ft full-floor lease, Boca Raton offers options across Class A, Class B, and flex space.

Cap Rates: 6.5% - 8.5%Population: ~100,000195 miles SE of Orlando

About Boca Raton

Boca Raton is one of the most established corporate campus and suburban office markets in Florida. The city hosts major HQs including Office Depot, ADT, and GEO Group, along with a deep Class A office base along Military Trail, Congress Avenue, and the Town Center area. Mizner Park anchors a walkable mixed-use retail and lifestyle core.

Market highlights

  • Headquarters: Office Depot, ADT, GEO Group
  • Florida Atlantic University main campus
  • Mizner Park — walkable mixed-use retail and lifestyle core
  • Boca Raton Resort & Club — luxury hospitality anchor
  • Town Center at Boca Raton — regional luxury mall

Major employers

  • Office Depot
  • ADT
  • GEO Group
  • Florida Atlantic University
  • Boca Raton Regional Hospital

Demographics

Median household income ~$95,000 with one of the highest concentrations of affluent retirees, corporate professionals, and international residents in Palm Beach County.

Why Invest in Office Space in Boca Raton

  • Class A, Class B, and medical office availability
  • Flex suites ranging from 500 to 50,000 sq ft
  • Landlord build-out allowances typical in today's market
  • Direct and sublease opportunities in established corridors
  • Executive suite and coworking options for smaller users

Typical Office Space Tenants in Boca Raton

{{city}} office investment strategies range from stabilized Class A for institutional capital to value-add Class B repositioning for smaller investors willing to lease up vacancy.

Professional servicesMedicalFinancial servicesTechLegalInsurance

Boca Raton Office Market Snapshot

The Boca Raton office market has stabilized after the post-pandemic reset. Class A fundamentals remain firm in top submarkets, while Class B product has seen downward pressure on rents as tenants prioritize amenitized space. Medical office remains the strongest performer across every submarket in Boca Raton.

Common Office Lease Terms in Boca Raton

Most Boca Raton office leases run 3-5 years with annual escalations of 2-3%. Landlords typically offer 1-2 months of free rent plus a build-out allowance for larger deals. Operating expense pass-throughs are standard for Class A and B product.

Choosing the Right Boca Raton Submarket

Boca Raton's office submarkets each have distinct characteristics. Professional service firms gravitate to established corridors with parking and visibility. Medical tenants prioritize proximity to hospitals and major residential concentrations. Tech and creative users lean toward adaptive reuse product with character.

Looking for office space in Boca Raton?

Ryan Solberg and the MaxLife Realty team work Boca Raton and the surrounding Central Florida markets every day. We source on-market and off-market opportunities, underwrite them against institutional standards, and help clients close with confidence.

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