Downtown Retail Space for Rent
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Renting Retail Space in Downtown
The downtown district is experiencing a revitalization focused on creative office space, government services, and "urban-core" hospitality. Unlike suburban corridors, Downtown is seeing more "adaptive reuse" projects where older inventory is being converted into boutique hotels or modern coworking spaces to support a growing startup ecosystem. With dedicated Class A office space in the CBD currently leasing for around $18 per square foot, it remains a competitive alternative for firms that prioritize being at the cultural and civic center of the Acadiana region. (Source: CommercialSearch / Elifin Realty Market Report)
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Suite Rates in Downtown
Suite Sizes in Downtown
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Airport | - | - | < 30 |
| Ambassador Caffery Parkway | 1,800 | $1.04 / SF | < 30 |
| Arbolada Addition | 2,600 | $0.53 / SF | < 30 |
| Broussard | - | - | < 30 |
| Downtown | - | - | < 30 |
| Duson | - | - | < 30 |
| Indian Bayou | 3,300 | $1.83 / SF | < 30 |
| Maurice | 2,900 | $1.45 / SF | < 30 |
| Mouton | 1,800 | $1.04 / SF | < 30 |
| River Ranch | 1,600 | $1.64 / SF | < 30 |
| Scott | - | - | < 30 |
| Sugar Mill Pond | 2,100 | $1.28 / SF | 45 |
| The Oil Center | 2,400 | $1.20 / SF | 49 |
| West Lafayette Parrish | 1,700 | - | < 30 |
| Youngsville | 1,300 | $1.58 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.