On average, listings lease in the $20's per square foot per year. The Downtown Baton Rouge submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 47% decline in rent.
In the last 90 days, 15 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,790 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 0 and are Class A.
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 motorcycle is the most popular way to get to work amongst Downtown Baton Rouge occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.