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 rose $5 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the Omaha market, the Millard submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 35 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1992 and are Class B.
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 region. Most of the residents of Millard work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.