Midtown Industrial

Midtown

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
8,640
As of: March 12, 2017

Midtown Rates

On average, listings lease in the $20's per square foot per year. The Midtown region is seeing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 33% increase 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 submarket.

Midtown Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 8,640 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1926 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 area. Commute by walking is the most popular way to get to work amongst Midtown residents. Commuting close to 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