Orleans Parish Retail

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,280
As of: March 12, 2017

Orleans Parish Rates

The typical asking rate per listing is in the $20's per square foot per year. The Orleans Parish region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

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

Orleans Parish Listing Supply

In the last 90 days, 87 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Orleans Parish are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 0 and are Class Class B.

Orleans Parish Community

Market Report

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

Market Data

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

Orleans Parish Submarkets