Figures

Omaha Retail Figures Q4 2025

January 12, 2026 5 Minute Read

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Vacancy remained flat at 6.0% quarter-over-quarter, is 20 basis points higher than one year ago, and 80 basis points lower than three years ago. Vacancy in the Omaha market is 310 basis points lower than at the height of the Covid-19 pandemic in 2020.
 
Net absorption in the Omaha retail market was positive 70,658 square feet in the fourth quarter of the year, bringing year-to-date absorption to 121,956 square feet .
 
Zero properties 10,000 sq. ft. or greater in size delivered to the Omaha market in the fourth quarter.
 
There are ten properties totaling 490,377 sq. ft. under construction in the Omaha market. Approximately 70% of this space is either pre-leased or build-to-suit space. By submarket, approximately 47.5% of the space under construction is located in the West Dodge Corridor submarket.
 
Average asking rents are $16.79 per square foot on a triple net basis, which is $0.55, or 3.4%, higher than the third quarter of 2025 and $1.25, or 8.0% higher than one year ago.