On average, listings lease in the $10's per square foot per year. The Pontchartrain Gardens region is experiencing a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Pontchartrain Gardens submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the listings in the Pontchartrain Gardens 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,950 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 0 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Pontchartrain Gardens folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.