Central City Retail

Central City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Central City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central City region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Greater New Orleans Region market, the Central City region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Central City Listing Supply

In the last 90 days, 2 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,850 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 0 and are Class B.

Central City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central City folk. Commuting approximately 30 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 Central City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central City.