The typical asking rate per listing is in the $20's per square foot per year. The Downtown Lafayette submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $22 per sqft per year.
In the last 90 days, 10 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Downtown Lafayette are subleases, so you will probably have to focus your search on direct office leases. 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 1,260 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1910 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the folk of Downtown Lafayette work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.