Elmwood Park Sublease

Elmwood Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,000
As of: August 20, 2017

Elmwood Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Elmwood Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

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

Elmwood Park Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Elmwood Park 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1973 and are Class C.

Elmwood Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Elmwood Park folk. Commuting approximately an hour 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 Elmwood Park.
Market Report

Market Data

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