Metairie Office Space

Metairie

Office Space Market Report

Number of Listings (last 90 days)
63
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,830
As of: August 20, 2017

Metairie Rates

Most listings are in the $20's per square foot per year. The Metairie region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Greater New Orleans Region market, the Metairie region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Metairie Listing Supply

In the last 90 days, 63 listings have come on the market, so you'll want to check back regularly for new listings. About 25% of the available space in the Metairie 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 2,830 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 0 and are Class B.

Metairie Community

Market Report

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

Market Data

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