Most listings are in the $20's per square foot per year. The Old Millard East submarket is going through a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Omaha market, the Old Millard East region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,930 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1947 and are Class B.
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 region. Most of the occupants of Old Millard East work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.