Millard Retail

Millard

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
150
As of: June 22, 2017

Millard Rates

On average, listings lease in the $20's per square foot per year. The Millard region is seeing a a boost in rates. In the last 3 months, the median rate went up $27 per sqft per year.

Compared to the rest of the Omaha market, the Millard region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Millard Listing Supply

In the last 90 days, 34 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 176% of the listings in the Millard are subleases, so you might be able to snag a great spot on a short term. 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 160 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1995 and are Class B.

Millard Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Most of the occupants of Millard work from home. Commuting approximately an hour 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 Millard.
Market Report

Market Data

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