The typical asking rate per listing is in the $20's per square foot per year. The Lafayette Parish submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 884 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available space in the Lafayette 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,170 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 0 and are Class B.
Real time and historical data on commercial real estate listings in Lafayette Parish.
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