Elmwood Business District Office Space

Elmwood Business District

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
18,400
As of: July 21, 2017

Elmwood Business District Rates

Compared to the rest of the Greater New Orleans Region market, the Elmwood Business District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Elmwood Business District Listing Supply

In the last 90 days, 11 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 182% of the available space in the Elmwood Business District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 18,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 0 and are Class A.

Elmwood Business District Community

Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Elmwood Business District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Elmwood Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Elmwood Business District.
Research

Elmwood Submarkets