Most listings are in the $10's per square foot per year. The Old Millard East submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $14 per sqft per year.
Compared to the rest of the Omaha market, the Old Millard East region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Old Millard East are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,250 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1976 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of Old Millard East work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.