Most listings are in the $20's per square foot per year. The Algiers region is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Greater New Orleans Region market, the Algiers region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been listed, which means new availabilities might be 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 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 1,180 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Algiers residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.