Most listings are in the $20's per square foot per year. The Central Omaha submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Omaha market, the Central Omaha region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 55 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available leases in the Central Omaha are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,030 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Central Omaha occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.