The typical asking rate per listing is in the $20's per square foot per year. The Millard submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 39% increase in rent.
Compared to the rest of the Omaha market, the Millard region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 25 listings have been made available, 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1989 and are Class B.
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 close to an hour a day is the norm for those who opt to reside in this part of town.