On average, listings lease in the $20's per square foot per year. The Northwest Oklahoma City submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Oklahoma City market, the Northwest Oklahoma City submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 135 listings have been posted online, so you'll want to check back regularly for new listings. About 37% of the available space in the Northwest Oklahoma City 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 1 floors. 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. 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.