The typical asking rate per listing is in the $10's per square foot per year. The Tulane - Gravier submarket is seeing a decline in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 65% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Tulane - Gravier region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Tulane - Gravier are subleases, so you will probably have to focus your search on direct office leases. 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 5,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 0 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Tulane - Gravier residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Tulane - Gravier.
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