Compared to the rest of the Greater New Orleans Region market, the Elmwood Business District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 11 listings have come on the market, which means leases are probably going fast. 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 9,480 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 0 and are Class Class B.
Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Elmwood Business District folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.