On average, listings lease in the $20's per square foot per year. The Metairie region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the Metairie submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 61 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Metairie are subleases, so you will probably have to focus your search on direct office leases. 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 1,940 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 0 and are Class B.