Compared to the rest of the Omaha market, the Underwood Avenue region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 12 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Underwood Avenue 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 210 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1957 and are Class C.
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 area. Commute by public transit is the most popular way to get to work amongst Underwood Avenue occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.