Millard Sublease

Millard

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,650
As of: February 23, 2017

Millard Rates

On average, listings lease in the $20's per square foot per year. The Millard region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 30% increase in rent.

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

Millard Listing Supply

In the last 90 days, 35 listings have come on the market, which means new availabilities might be leasing quickly. 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 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1992 and are Class B.

Millard Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Millard work from home. Commuting close to 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 Millard.
Market Report

Market Data

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