Covington Retail

Covington

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
900
As of: December 8, 2016

Covington Rates

Most listings are in the $30's per square foot per year. The Covington region is seeing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a 78% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Covington submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Covington Listing Supply

In the last 90 days, 12 listings have been made available, which means new availabilities are probably going fast. 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 900 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 0 and are Class Class B.

Covington Community

Market Report

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

Market Data

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