Most listings are in the $20's per square foot per year. The Old Market region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Omaha market, the Old Market submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been made available, which means leases are probably 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 125,250 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 7 stories. Most buildings in this region were built in 1917 and are Class A.
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 market. Most of the folk of Old Market work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.