North 40 — Sale in Boca Raton, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Boca Raton, FL 33487

Description

Innovation Thrives Here North 40 is located in a thriving mixed-use corporate park, which has added numerous dining and lifestyle options for the park’s tenants as a result of recently improved zoning. Recently allowed additional uses have enabled The Park at Broken Sound to experience a retail and residential renaissance, with 2,500 new luxury residential units.

Market Context

This office in Boca Raton, FL is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale in Boca Raton, FL — view the full market.

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.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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).

Estimated Market Rate

$496.57/SF – $671.83/SF

Mid: $584.20/SF

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

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