Compared to the rest of the Omaha market, the Underwood Avenue submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 36% of the listings in the Underwood Avenue are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, 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 properties in this market are around 3 stories. Most buildings in this area were built in 1950 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. Commute by public transit is the most popular way to get to work amongst Underwood Avenue folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.