Most listings are in the $30's per square foot per year. The Central City - Garden District submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Central City - Garden District submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means leases are probably going fast. 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.
The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are close to 2 floors. 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. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central City - Garden District folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.