Central City Retail

Central City

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,030
As of: August 19, 2017

Central City Rates

Most listings are 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 $24 per sqft per year.

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

Central City Listing Supply

In the last 90 days, 0 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Central City are subleases, so you might be able to snag a great spot on a short term. 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 4,030 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area 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 area. 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.
Research