Most listings are in the $20's per square foot per year. The Orleans Parish submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the Orleans Parish region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1588 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available leases in the Orleans Parish 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 0 and are Class B.
Real time and historical data on commercial real estate listings in Orleans Parish.
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