The typical asking rate per listing is in the $20's per square foot per year. The Mandeville submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Mandeville region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 10 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,960 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 0 and are Class Class A.