Most listings are in the $10's per square foot per year. The Sixth Ward submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 4 listings have been listed, which means new availabilities might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 13,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Sixth Ward residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.