Most listings are in the $40's per square foot per year. The French Quarter submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 11 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 36% of the office spaces in the French Quarter 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.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1900 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst French Quarter residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.