The typical asking rate per listing is in the $20's per square foot per year. The Downtown Lincoln region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 10 listings have come on the market, which means new listings are probably 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 3,820 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1929 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Lincoln residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.