On average, listings lease in the $20's per square foot per year. The Northwest Oklahoma City region is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 15% rise in rent.
Compared to the rest of the Oklahoma City market, the Northwest Oklahoma City region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 542 listings have been listed, so you'll want to check back regularly for new listings. About 15% of the office spaces in the Northwest Oklahoma City are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market 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. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northwest Oklahoma City occupants. Commuting between 30 and 45 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 Northwest Oklahoma City.
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