Downtown Lincoln Retail

Downtown Lincoln

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
650
As of: August 19, 2017

Downtown Lincoln Rates

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.

Downtown Lincoln Listing Supply

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.

Downtown Lincoln Community

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.

Market Report

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

Market Data

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