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: July 28, 2017

Millard Rates

Most listings are in the $20's per square foot per year. The Millard submarket is going through a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Omaha market, the Millard region has higher rates, and you'll need to pay a premium to be in this hot region.

Millard Listing Supply

In the last 90 days, 34 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 176% of the office spaces in the Millard are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, 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 properties in this market are approximately 2 stories. Most buildings in this area were built in 1997 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 region. Most of the occupants 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.

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