R&R Commerce Park South - I — Lease in Papillion, NE

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Papillion, NE 68138

Photos

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Description

54,080 SF | Industrial Space for Sublease Located in R&R Commerce Park South, Warehouse I is a 286,000 SF, Class A industrial building, built in 2023. Suite 102 is a 54,080 SF space that has never been occupied.

Market Context

This industrial in Papillion, NE is listed for lease. Compare it against other industrial listings for lease in Papillion, NE — view the full market.

As of Q1 2026, the Omaha industrial market showed a 2.4% vacancy rate, average asking rents near $8.67/SF/yr, rents up 1.7% year over year, and cap rates around 9.0%. Source: Lee & Associates Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Omaha?
About 9.0% as of Q1 2026, per Lee & Associates.
Is the Omaha industrial market tightening or softening?
Vacancy is around 2.4%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$0.72/SF/mo – $1.01/SF/mo

Mid: $0.87/SF/mo

Contact

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