The typical asking rate per listing is in the $10's per square foot per year. The Arts District region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Oklahoma City market, the Arts District submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 9 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 4,790 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Arts District folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.