Elkhorn Retail

Elkhorn

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
2,660
As of: January 21, 2017

Elkhorn Rates

The typical asking rate per listing is in the $10's per square foot per year. The Elkhorn region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 19% decrease in rent.

Compared to the rest of the Omaha market, the Elkhorn submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Elkhorn Listing Supply

In the last 90 days, 2 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Elkhorn 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 2,660 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 2009 and are Class A.

Elkhorn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Elkhorn occupants. Commuting close to 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 Elkhorn.
Market Report

Market Data

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