French Quarter Retail

French Quarter

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,570
As of: February 19, 2017

French Quarter Rates

Most listings are in the $40's per square foot per year. The French Quarter submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 23% rise in rent.

French Quarter Listing Supply

In the last 90 days, 10 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 10% of the listings in the French Quarter are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this region were built in 1900 and are Class A.

French Quarter Community

A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst French Quarter occupants. Commuting between 30 and 45 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 French Quarter.
Market Report

Market Data

Real time and historical data on commercial real estate listings in French Quarter.
Research