Most listings are in the $20's per square foot per year. The Fifth Ward region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.
In the last 90 days, 11 listings have been made available, which means leases are probably going fast. 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.
The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this market are close to 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the residents of Fifth Ward work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.