Highlights
- The average rent for office space in Metairie is $22.04 per square foot, 6.50% higher compared to the previous year.
- The market’s vacancy rate stands at 14.57%, higher than the state average of Louisiana, which is 13.79%.
2025 Office Space Rent & Sales
- $22.04 2025 Avg. Asking Rent
- 6.50% Y-o-Y Avg. Asking Rent Change
- 14.57% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Metairie?
Average asking rents for office space here stand at $22.04 per square foot. The local office market recorded an average vacancy rate of 14.57% in 2025, unchanged from 14.57% in 2024.
Metairie, LA Office Asking Rents by Class
What is the average office rent per square foot by property class in LA?
- Avg. Asking Rent Class A & A+$20.53
- Avg. Asking Rent Class B$19.26
- Avg. Asking Rent Class C$18.57
For comparison, the average rent for Class A and A+ office space in Louisiana was $20.53 per square foot. The state-wide average for Class B space was $19.26 per square foot, and Class C office spaces averaged $18.57 per square foot.
What are the largest recent office completions in Metairie?
The largest recent office completion here is Executive Office Tower at 184,608 square feet, completed in 1972. The next largest completions are 4621 West Napoleon Avenue and Favrot & Shane Building.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 4836 Wabash St | 4836 Wabash St, 70001 | 13,000 | 1985 |
| Newpark Office Condos | 2901 N. Causeway Blvd, 70002 | 16,000 | 1984 |
| 4621 West Napoleon Avenue | 4621 West Napoleon Avenue, 70001 | 46,582 | 1982 |
| 4300 South Interstate 10 Service Road West | 4300 South Interstate 10 Service Road West, 70001 | 25,096 | 1981 |
| Favrot & Shane Building | 3925 North Interstate 10 Service Road West, 70002 | 44,992 | 1980 |
| Executive Office Tower | 3500 N Causeway Blvd, 70002 | 184,608 | 1972 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.