Most listings are in the $20's per square foot per year. The Downtown Omaha submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Omaha market, the Downtown Omaha region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 14 listings have been made available, which means office spaces are probably going fast. 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 11,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this area were built in 1924 and are Class A.
Health care is the dominant industry in this market. Most of the folk of Downtown Omaha work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.