Most listings are in the $20's per square foot per year. The Sixth Ward submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 4 listings have come on the market, which means new listings 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 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 2,400 sqft. Most buildings in this area were built in 2005 and are Class A.
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 area. Commute by car is the most popular way to get to work amongst Sixth Ward residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.