French Quarter Office Space

French Quarter

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,650
As of: January 17, 2017

French Quarter Rates

Most listings are in the $30's per square foot per year. The French Quarter submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decrease in rent.

French Quarter Listing Supply

In the last 90 days, 4 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,650 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1935 and are Class A.

French Quarter Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst French Quarter occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in French Quarter.
Market Report

Market Data

Real time and historical data on commercial real estate listings in French Quarter.
Research