The typical asking rate per listing is in the $10's per square foot per year. The Paddock Road submarket is going through a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Omaha market, the Paddock Road region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 22,350 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1988.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Paddock Road occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.