On average, listings lease in the $10's per square foot per year. The Downtown Baton Rouge submarket is seeing a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 43% decline in rent.
In the last 90 days, 6 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Downtown Baton Rouge are subleases, so you might be able to snag a great spot on a short term. 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 1,520 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 0 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Downtown Baton Rouge occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.