Garden District Sublease

Garden District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Garden District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Garden District submarket is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 30% decrease in rent.

Garden District Listing Supply

In the last 90 days, 7 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 0 and are Class Class B.

Garden District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of Garden District work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.