Business District Office Space

Business District

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,320
As of: December 9, 2016

Business District Rates

On average, listings lease in the $10's per square foot per year. The Business District submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Oklahoma City market, the Business District submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Business District Listing Supply

In the last 90 days, 31 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Business District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 14 stories. Most buildings in this region were built in 1932 and are Class B.

Business District Community

Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Business District folk. 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