The typical asking rate per listing is in the $20's per square foot per year. The Greater New Orleans Region submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4600 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Greater New Orleans Region are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,100 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 0 and are Class Class B.
Real time and historical data on commercial real estate listings in Greater New Orleans Region.
Get email notifications when new listings are posted that match your requirements.