Compared to the rest of the Omaha market, the Park East region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 25 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Park East are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 13,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1927 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Park East occupants. Commuting close to 10 minutes 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 Park East.
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