The typical asking rate per listing is in the $10's per square foot per year. The Saint John region is seeing a decline in rates. In the last 3 months, the median rate decreased $38 per sqft per year. That's a 71% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the Saint John region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,760 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 0 and are Class Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Saint John occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.