Millard Office Space

Millard

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
150
As of: June 24, 2017

Millard Rates

The typical asking rate per listing is in the $20's per square foot per year. The Millard submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $27 per sqft per year.

Compared to the rest of the Omaha market, the Millard submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Millard Listing Supply

In the last 90 days, 34 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 171% of the available leases in the Millard 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 150 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1995 and are Class B.

Millard Community

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 region. Most of the occupants of Millard work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Millard.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Millard.
Research