Greater New Orleans Region Sublease

Greater New Orleans Region

Office Space Market Report

Number of Listings (last 90 days)
218
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,950
As of: March 11, 2017

Greater New Orleans Region Rates

On average, listings lease in the $20's per square foot per year. The Greater New Orleans Region submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.

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

Greater New Orleans Region Listing Supply

In the last 90 days, 218 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Greater New Orleans Region are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,950 sqft. Most properties in this area are approximately 1 floors. Most buildings in this region were built in 0 and are Class Class B.

Greater New Orleans Region Community

Market Report

Trends and status of the commercial real estate market in Greater New Orleans Region.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater New Orleans Region.
Research