The typical asking rate per listing is in the $20's per square foot per year. The Paddock Road region is going through a a rise 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 Paddock Road submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means leases might be leasing quickly. 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.
Even though the median size is 4,750 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1988.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Paddock Road occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.