Madisonville Office Space

Madisonville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
180
As of: June 25, 2017

Madisonville Rates

The typical asking rate per listing is in the $40's per square foot per year. The Madisonville region is seeing a a rise in rates. In the last 3 months, the median rate went up $44 per sqft per year.

Compared to the rest of the Greater New Orleans Region market, the Madisonville region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Madisonville Listing Supply

In the last 90 days, 2 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Madisonville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, 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 properties in this market are around 1 floors. Most buildings in this region were built in 0 and are Class Class B.

Madisonville Community

Market Report

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

Market Data

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