The typical asking rate per listing is in the $10's per square foot per year. The Southeast Omaha region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Omaha market, the Southeast Omaha submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 3 listings have been made available, 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1911 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Southeast Omaha residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.