On average, listings lease in the $20's per square foot per year. The Saint John submarket is going through a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Saint John submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,350 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 0 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Saint John residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.