Madisonville Retail

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Madisonville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
180
As of: June 22, 2017

Madisonville Rates

The typical asking rate per listing is in the $40's per square foot per year. The Madisonville submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $44 per sqft per year.

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

Madisonville Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Madisonville 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 180 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 0 and are Class Class B.

Madisonville Community

Market Report

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

Market Data

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