Most listings are in the $40's per square foot per year. The Madisonville region is going through a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a 120% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Madisonville submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 180 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 0 and are Class Class B.