May-Penn Retail Space

May-Penn

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,000

Compared to the rest of the Oklahoma City market, the May-Penn submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

May-Penn Listing Supply

In the last 90 days, 2 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the May-Penn are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market were built in 1981 and are Class C.

May-Penn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst May-Penn occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in May-Penn.
Research