Most listings are in the $20's per square foot per year. The Midtown region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Oklahoma City market, the Midtown region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 98 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available leases in the Midtown are subleases, so you will probably have to focus your search on direct office leases. 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 3,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1957 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the folk of Midtown work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Midtown.
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