Millard Industrial

Millard

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,650
As of: February 27, 2017

Millard Rates

Most listings are in the $20's per square foot per year. The Millard submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 30% increase in rent.

Compared to the rest of the Omaha market, the Millard region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Millard Listing Supply

In the last 90 days, 30 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,650 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1992 and are Class B.

Millard Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Millard work from home. Commuting around an hour 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 Millard.
Market Report

Market Data

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