The typical asking rate per listing is in the $20's per square foot per year. The Northeast Oklahoma City submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Oklahoma City market, the Northeast Oklahoma City region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 100 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the listings in the Northeast Oklahoma City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,890 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Northeast Oklahoma City folk. Commuting around 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 Northeast Oklahoma City.
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