Business District Office Space

Business District

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
8,080
As of: August 17, 2017

Business District Rates

Most listings are in the $20's per square foot per year. The Business District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the Oklahoma City market, the Business District submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Business District Listing Supply

In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the office spaces in the Business District 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.

Even though the median size is 8,080 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 14 stories. Most buildings in this area were built in 1931 and are Class B.

Business District Community

Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Business District residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Business District.
Research