Most listings are in the $0's per square foot per year. The Elkhorn submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Elkhorn are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,100 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 2009 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Elkhorn occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.