Compared to the rest of the Greater New Orleans Region market, the French Quarter submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,070 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 5 floors. Most buildings in this region were built in 0 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst French Quarter occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.