On average, listings lease in the $10's per square foot per year. The Downtown Tulsa submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 21 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the office spaces in the Downtown Tulsa are subleases, so you will probably have to focus your search on direct office leases. 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 2,760 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 5 floors. Most buildings in this market were built in 1940 and are Class B.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Tulsa residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.