Tulane - Gravier Commercial Real Estate

Tulane - Gravier

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,500

Tulane - Gravier Rates

Most listings are in the $10's per square foot per year. The Tulane - Gravier region is going through a decrease in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 65% decrease in rent.

Compared to the rest of the Greater New Orleans Region market, the Tulane - Gravier submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Tulane - Gravier Listing Supply

In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Tulane - Gravier 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.

Even though the median size is 5,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 0 and are Class Class B.

Tulane - Gravier Community

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 area. Commute by walking is the most popular way to get to work amongst Tulane - Gravier residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Tulane - Gravier.
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