On average, listings lease in the $10's per square foot per year. The Downtown Baton Rouge submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 43% decline in rent.
In the last 90 days, 6 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Downtown Baton Rouge 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 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 1,520 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built in 0 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Downtown Baton Rouge occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.