Most listings are in the $20's per square foot per year. The Highway Park region is going through a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Highway Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available leases in the Highway Park are subleases, so you might be able to snag a great spot on a short term. 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 3,080 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Highway Park residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.