The typical asking rate per listing is in the $40's per square foot per year. The Madisonville submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $44 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Madisonville region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Madisonville are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 180 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 0 and are Class Class B.