Westgate Retail

Westgate

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
900
As of: July 21, 2017

Westgate Rates

Compared to the rest of the Omaha market, the Westgate submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Westgate Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available leases in the Westgate are subleases, so you might be able to find a shorter term or below market rent. 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 900 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1965 and are Class C.

Westgate Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Westgate folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Westgate.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westgate.
Research