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)
2,400
As of: July 21, 2017

Highway Park Rates

Most listings are in the $20's per square foot per year. The Highway Park region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

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

Highway Park Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 320% of the office spaces in the Highway Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this region are around 2 stories. Most buildings in this region 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 area. Commute by car is the most popular way to get to work amongst Highway Park residents. 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