The typical asking rate per listing is in the $10's per square foot per year. The Downtown Lincoln submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available space in the Downtown Lincoln are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 650 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1929 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Lincoln folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.