Most listings are in the $20's per square foot per year. The Elmwood submarket is going through a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 37% rise in rent.
Compared to the rest of the Greater New Orleans Region market, the Elmwood region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 259 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the Elmwood are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,250 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 0 and are Class A.
Real time and historical data on commercial real estate listings in Elmwood.
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