On average, listings lease in the $10's per square foot per year. The Southeast Omaha submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Omaha market, the Southeast Omaha region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 14 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1955 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Southeast Omaha residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.