On average, listings lease in the $20's per square foot per year. The Metairie region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Metairie region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 827 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Metairie 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.
The standard measurement for office space in this area is around 2,050 sqft. Most properties in this area are around 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 Metairie.
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