Downtown Lafayette Retail

Downtown Lafayette

Office Space Market Report

Number of Listings (last 90 days)
5
Median Size (sqft)
1,500
As of: May 21, 2017

Downtown Lafayette Rates

Most listings are in the $0's per square foot per year. The Downtown Lafayette region is going through a decline in rates. In the last 3 months, the median rate decreased $48 per sqft per year. That's a 100% decline in rent.

Downtown Lafayette Listing Supply

In the last 90 days, 5 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the listings in the Downtown Lafayette 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1981 and are Class B.

Downtown Lafayette Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Downtown Lafayette folk. Commuting approximately 30 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 Downtown Lafayette.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Lafayette.
Research

Lafayette Submarkets