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.
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.
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.