Underwood Avenue Office Space

Underwood Avenue

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,650

Underwood Avenue Rates

Most listings are in the $10's per square foot per year. The Underwood Avenue region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the Omaha market, the Underwood Avenue submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Underwood Avenue Listing Supply

In the last 90 days, 35 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,650 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1950 and are Class B.

Underwood Avenue Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Underwood Avenue occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Underwood Avenue.
Research