On average, listings lease in the $10's per square foot per year. The Pontchartrain Gardens submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $19 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the Pontchartrain Gardens region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,950 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area 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 region. 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.