Omaha Retail Market Report

By PropZone Research · Data through Q4 2023 · Aggregated from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers, Lee Associates

Quarterly retail market indicators for Omaha, aggregated by PropZone from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers, Lee Associates. As of Q4 2023, average asking rent was $19.40/SF.

Projected current retail pricing — Omaha

low confidence
Projected asking rent
$19.40/SF/yr
Estimated sale value
$160–$202/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2023 multiple brokerages data (cap rate 7.3%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 6582% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 2023$19.40/SFCBRE US Cap Rate Surve
Q4 2023$19.40/SF1.4%0K SFCushman & Wakefield
Q4 20236.1%0K SFColliers
Q3 20174.3%494K SFLee Associates

Frequently asked questions

What is the average asking rent for retail space in Omaha?
As of Q4 2023, the average asking rent for retail space in Omaha was $19.40/SF, per CBRE US Cap Rate Surve.
What is the retail vacancy rate in Omaha?
Vacancy data for Omaha retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
Where does PropZone's Omaha market data come from?
This report aggregates quarterly retail market data for Omaha from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers, Lee Associates.