On average, listings lease in the $30's per square foot per year. The Mandeville region is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Mandeville region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 185 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the Mandeville 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 0 and are Class Class A.
Real time and historical data on commercial real estate listings in Mandeville.
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