Central Oklahoma City Office Space

Central Oklahoma City

Office Space Market Report

Number of Listings (last 90 days)
372
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,910
As of: July 22, 2017

Central Oklahoma City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Oklahoma City submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

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

Central Oklahoma City Listing Supply

In the last 90 days, 372 listings have been posted online, so you'll want to check back regularly for new listings. About 85% of the office spaces in the Central Oklahoma City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,480 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1974 and are Class B.

Central Oklahoma City Community

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 bike is the most popular way to get to work amongst Central Oklahoma City folk. Commuting around 30 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 Central Oklahoma City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Oklahoma City.
Research