Boca Center - Tower I - Sublease Space - office in Boca Raton, FL
Office

Boca Center - Tower I - Sublease Space

5200 Town Center Cir, Boca Raton, FL 33486, USA, Boca Raton, FL 33486

Price

Price on request

Description

Office | For Sublease: 4,450 SF Boca Center offers exceptional access, amenities, and walkability, centrally located near more than 50 restaurants, 100 retailers, major hotels, airports, universities, and medical centers. Just a hal

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

5200 Town Center Cir, Boca Raton, FL 33486, USA, Boca Raton, FL 33486

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Palm Beach office market showed a 7.9% vacancy rate, average asking rents near $13.68/SF/yr, and rents up 7.9% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Projected current pricing

indicative confidence
Projected asking rent
$13.68–$13.94/SF/yr
Estimated sale value
$73–$126/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Palm Beach office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent trend-adjusted to today).

View the full Palm Beach Office market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in Boca Raton, FL to benchmark pricing and space — view the full market.

Office market FAQ

Is the Palm Beach office market tightening or softening?
Vacancy is around 7.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence
$0.97/SF/mo-$1.31/SF/mo
Mid: $1.14/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q1 '26$0$4$8$12$160%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,533,806
Median Income$84k↑ 12%
College Educated35.1%
Median Age45.3 yrs
Median Home Value$447k
Unemployment5.5%↑ 1.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q3 2025
Median $/SF$818
Avg $/SF$812
25th–75th Percentile$424 – $1155
Sample Size32 transactions
CountyPalm Beach

Source: florida_dor · County FIPS: 12099

Assumptions
  • Market comparison: office in Boca Raton, FL

More Office for Lease in Boca Raton, FL(5)

Contact Broker

Derek Baker

West Palm Beach

Listed by

Colliers Import