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On average, commerial real estate listings lease in the $20's per square foot per year. The Quail Creek submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $24 per sqft per year.
Compared to the rest of the Oklahoma City commercial real estate market, the Quail Creek submarket has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 18 commercial real estate listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available commercial real estate leases in the Quail Creek 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 available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built approximately 2011 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Quail Creek occupants. Commuting close to an hour and a half 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 Quail Creek.
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