Greater New Orleans Region Retail

Greater New Orleans Region

Office Space Market Report

Number of Listings (last 90 days)
218
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,550
As of: June 23, 2017

Greater New Orleans Region Rates

On average, listings lease in the $20's per square foot per year. The Greater New Orleans Region submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Greater New Orleans Region Listing Supply

In the last 90 days, 218 listings have been listed, so you'll want to check back regularly for new listings. About 106% of the available leases in the Greater New Orleans Region 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.

Even though the median size is 2,550 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 0 and are Class Class B.

Greater New Orleans Region Community

Market Report

Trends and status of the commercial real estate market in Greater New Orleans Region.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater New Orleans Region.
Research