Midtown Industrial

Midtown

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
37,500
As of: May 27, 2017

Midtown Rates

Most listings are in the $20's per square foot per year. The Midtown region is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 22% increase in rent.

Compared to the rest of the Omaha market, the Midtown region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Midtown Listing Supply

In the last 90 days, 7 listings have been made available, which means listings most likley are 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 37,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1946 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 market. Commute by walking is the most popular way to get to work amongst Midtown folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Midtown.
Market Report

Market Data

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