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500 N Carrollton Ave

New Orleans, LA

About 500 N Carrollton Ave

500 N Carrollton 500 N Carrollton is a redevelopment of the former Home Depot in the Mid City neighborhood of New Orleans. Mid City New Orleans has seen a recent revitalization with several projects under construction and opening: Louisiana Medical Center and Veterans Affairs Hospital projects, Cobalt Medical Development ($22 million 60 bed medical/rehabilitation hospital), and Mid City Market. Retailers, restaurants, and medical groups are flocking to the Mid City neighborhood, where demand is high and supply is low! - Parking Ratio: - Parking: - Buildings: - Building Condition: - Area: 500 N Carrollton is located in the booming Mid City neighborhood of New Orleans. As the name suggests, Mid City is centrally located in Orleans Parish. The new Louisiana Medical Center and Veterans Affairs Hospital are spurring aggressive residential growth/redevelopment in this neighborhood. This neighborhood remains underserved by retailers making 500 N Carrollton a great option for market entry. - Tenancy: multiple - Ceiling Height: - Internet:

The Neighborhood: Mid-City

On average, listings lease in the $30's per square foot per year. The Mid-City submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $37 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Mid-City region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Mid-City $37
Median Rate Median Size
Greater New Orleans Region $22

Median Rate over Time in Mid-City