French Quarter Industrial

We couldn't find any industrial spaces for Lease and Sublease

French Quarter

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
12,500
As of: June 27, 2017

French Quarter Rates

On average, listings lease in the $10's per square foot per year. The French Quarter region is going through a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

French Quarter Listing Supply

In the last 90 days, 6 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the French Quarter are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 12,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this market were built in 0 and are Class A.

French Quarter Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst French Quarter folk. Commuting around 15 minutes 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 French Quarter.
Market Report

Market Data

Real time and historical data on commercial real estate listings in French Quarter.
Research