The typical asking rate per listing is in the $20's per square foot per year. The Deer Ridge region is going through a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 62% increase in rent.
Compared to the rest of the Omaha market, the Deer Ridge submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 24 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 21% of the office spaces in the Deer Ridge 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 10,310 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Deer Ridge residents. Commuting close to 15 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 Deer Ridge.
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