Most listings are in the $10's per square foot per year. The Madisonville submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Madisonville region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,850 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 0 and are Class Class B.