Lafayette Parish Industrial

Lafayette Parish

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,150
As of: February 19, 2017

Lafayette Parish Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lafayette Parish submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Lafayette Parish Listing Supply

In the last 90 days, 40 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Lafayette Parish are subleases, so you will probably have to focus your search on direct office leases. 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 2,150 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 0 and are Class B.

Lafayette Parish Community

Market Report

Trends and status of the commercial real estate market in Lafayette Parish.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lafayette Parish.
Research