On average, listings lease in the $10's per square foot per year. The Downtown Lafayette region is seeing a a boost in rates. In the last 3 months, the median rate went up $15 per sqft per year.
In the last 90 days, 10 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 30% of the available space in the Downtown Lafayette 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 890 sqft. Most properties in this area are close to 3 stories. Most buildings in this market 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 area. Most of the occupants 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.