Most listings are in the $20's per square foot per year. The Downtown Omaha region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Omaha market, the Downtown Omaha submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means leases might be going fast. 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.
Even though the median size is 9,470 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 6 stories. Most buildings in this region were built in 1917 and are Class B.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Most of the folk of Downtown Omaha work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.