Highway Park Industrial

We couldn't find any industrial spaces for Lease and Sublease

Highway Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,080
As of: May 22, 2017

Highway Park Rates

Most listings are in the $20's per square foot per year. The Highway Park region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Greater New Orleans Region market, the Highway Park submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Highway Park Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Highway Park 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,080 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 0 and are Class B.

Highway Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Highway Park occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Highway Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Highway Park.
Research