On average, listings lease in the $20's per square foot per year. The Fifth Ward region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% rise in rent.
In the last 90 days, 10 listings have been posted online, which means new listings most likley are 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,590 sqft. Most buildings in this area are close to 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the folk of Fifth Ward work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.