Compared to the rest of the Greater New Orleans Region market, the French Quarter region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the French Quarter are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,810 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 5 floors. Most buildings in this area were built in 0 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst French Quarter occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.