Old Millard East Office Space

Old Millard East

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
3,250
As of: June 24, 2017

Old Millard East Rates

Most listings are in the $10's per square foot per year. The Old Millard East region is going through a a rise 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 discounted submarket.

Old Millard East Listing Supply

In the last 90 days, 7 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 29% of the office spaces 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 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1976 and are Class B.

Old Millard East Community

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 market. 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.

Market Report

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

Market Data

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