Pontchartrain Gardens Industrial

Pontchartrain Gardens

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,950
As of: June 24, 2017

Pontchartrain Gardens Rates

The typical asking rate per listing is in the $10's per square foot per year. The Pontchartrain Gardens submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Compared to the rest of the Greater New Orleans Region market, the Pontchartrain Gardens submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Pontchartrain Gardens Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Pontchartrain Gardens 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,950 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 0 and are Class C.

Pontchartrain Gardens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Pontchartrain Gardens folk. Commuting around an hour and a half 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 Pontchartrain Gardens.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pontchartrain Gardens.
Research