Most listings are in the $10's per square foot per year. The Millard region is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the Omaha market, the Millard submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 298 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the listings in the Millard are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,620 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1995 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Millard work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Millard.
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