Elmwood Business District Retail

Elmwood Business District

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
18,400
As of: June 28, 2017

Elmwood Business District Rates

On average, listings lease in the $20's per square foot per year. The Elmwood Business District submarket is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Greater New Orleans Region market, the Elmwood Business District submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Elmwood Business District Listing Supply

In the last 90 days, 11 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Elmwood Business District 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 posted, so finding a space for a small business might be tough.

Even though the median size is 18,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 0 and are Class Class B.

Elmwood Business District Community

Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Elmwood Business District residents. 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 Elmwood Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Elmwood Business District.
Research

Elmwood Submarkets