Most listings are in the $20's per square foot per year. The Bywater submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Bywater region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been made available, which means new availabilities are probably 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 0 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bywater occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.