Orleans Parish Retail

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,700
As of: July 21, 2017

Orleans Parish Rates

On average, listings lease in the $20's per square foot per year. The Orleans Parish region is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

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 100% of the listings in the Orleans Parish are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,990 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 0 and are 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