On average, listings lease in the $10's per square foot per year. The Hillsborough submarket is going through a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.
Compared to the rest of the Omaha market, the Hillsborough submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Hillsborough are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1995.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the residents of Hillsborough work from home. Commuting around 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 Hillsborough.
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