Midtown Commercial Real Estate

117 N 32nd Ave - Space Gifford Park, Omaha, NE Onsite Parking.
Aug 23
8,100
sqft
Office
105 N 31st Ave - Space Gifford Park, Omaha, NE  
Aug 25
2,600
sqft
Office
4623 Dodge St - Entire Building Nebraska Medical Center, Omaha, NE  
Aug 23
7,130
sqft
Mixed Use Office
3814 Farnam St - Space Nebraska Medical Center, Omaha, NE laundry
Aug 26
2,300
sqft
Retail

Midtown

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
8,100

Midtown Rates

Most listings are in the $20's per square foot per year. The Midtown region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Omaha market, the Midtown submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Midtown Listing Supply

In the last 90 days, 37 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Midtown 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 8,100 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1960 and are Class A.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Midtown residents. Commuting approximately 10 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 Midtown.
Research