Westgate Sublease

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Westgate

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,450
As of: December 8, 2016

Westgate Rates

On average, listings lease in the $20's per square foot per year. The Westgate region is experiencing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 43% increase in rent.

Compared to the rest of the Omaha market, the Westgate region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Westgate Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1973.

Westgate Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Westgate folk. Commuting between 30 and 45 minutes 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 Westgate.
Market Report

Market Data

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