[ PHOTOS: In RER-77 … use as needed ]
PAGE TITLE: DIGITS
PAGE SUBHEAD: Baton Rouge’s retail market by the numbers
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HED: Retail in demand
SUBHED: Vacancy has dropped by nearly a quarter since last year.
7.3%
Vacancy rate in the Capital Region
-25%
Change in vacancy over previous year
1.69%
Vacancy rate in centers of more than 250,000 square feet
10.44%
Vacancy rate in convenience centers of 30,000 square feet or less
3.88%
Vacancy rate in centers built in 2000 or later
12.71%
Vacancy rate in centers built before 1980
8%
Vacancy rate in the U.S.
HED: What they’re paying
SUBHED: A look at lease rate trends
$17.73
Average rent per square foot for a non-anchor tenant in the Capital Region
$17.23
Average rent per square foot for nonanchor tenant in Ascension Parish
$21.33
Average rent per square foot for nonanchor tenant in Livingston Parish
SOURCE: Research data was provided by the Commercial & Investment Division of the Greater Baton Rouge Association of Realtors and presented at the 2015 Baton Rouge Trends seminar. For more information, visit batonrougetrends.net.
