The typical asking rate per listing is in the $20's per square foot per year. The French Quarter submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 40% decline in rent.
In the last 90 days, 11 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the French Quarter are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,680 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1900 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst French Quarter residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.