Compared to the rest of the Greater New Orleans Region market, the French Quarter - CBD submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 26 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 281% of the available space in the French Quarter - CBD 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,030 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 0 and are Class A.
This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst French Quarter - CBD residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.