Compared to the rest of the Omaha market, the Old Millard East region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 29% of the available space 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 available, 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 close to 2 stories. Most buildings in this region were built in 1976 and are Class B.
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 region. Most of the occupants 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.