On average, listings lease in the $10's per square foot per year. The Southeast Oklahoma City submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Oklahoma City market, the Southeast Oklahoma City submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 19 listings have been listed, which means spaces 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,630 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1992 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Southeast Oklahoma City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.