Prairie Lane Office Space

Prairie Lane

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
800
As of: July 19, 2017

Prairie Lane Rates

The typical asking rate per listing is in the $20's per square foot per year. The Prairie Lane region is seeing a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 57% increase in rent.

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

Prairie Lane Listing Supply

In the last 90 days, 3 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the office spaces in the Prairie Lane 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.

The standard measurement for office space in this area is around 800 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1982 and are Class B.

Prairie Lane Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the residents of Prairie Lane work from home. Commuting around 30 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 Prairie Lane.
Market Report

Market Data

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