Most listings are in the $20's per square foot per year. The Downtown Omaha submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Omaha market, the Downtown Omaha region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have been made available, which means new 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 available, so finding a space for a small business might be tough.
Even though the median size is 11,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this region were built in 1924 and are Class A.
Health care is the dominant industry in this area. Most of the occupants of Downtown Omaha work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.