Most listings are in the $40's per square foot per year. The French Quarter submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 11 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 36% of the available leases in the French Quarter are subleases, so you might be able to find a shorter term or below market rent. 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 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1900 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst French Quarter folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.