Lafayette Parish Office Space

Lafayette Parish

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
5,000
As of: July 26, 2017

Lafayette Parish Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lafayette Parish submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Lafayette Parish Listing Supply

In the last 90 days, 39 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 87% of the listings in the Lafayette Parish 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 0 and are Class B.

Lafayette Parish Community

Market Report

Trends and status of the commercial real estate market in Lafayette Parish.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lafayette Parish.
Research