Most listings are in the $20's per square foot per year. The Central City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Central City submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Central City are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,030 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central City occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.