The typical asking rate per listing is in the $40's per square foot per year. The Pontchartrain Gardens submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $46 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Pontchartrain Gardens region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been made available, which means leases most likley are leasing quickly. 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.
The standard measurement for office space in this area is around 800 sqft. Most properties in this region are close to 1 stories. Most buildings in this region were built in 0 and are Class C.
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. Commute by public transit is the most popular way to get to work amongst Pontchartrain Gardens occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.