Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
5,570
As of: June 24, 2017

Midtown Rates

On average, listings lease in the $20's per square foot per year. The Midtown region is seeing a a boost in rates. In the last 3 months, the median rate rose $28 per sqft per year.

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

Midtown Listing Supply

In the last 90 days, 27 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 52% of the available leases in the Midtown are subleases, so you might be able to snag a great spot on a short term. 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 5,570 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1949 and are Class B.

Midtown Community

A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the occupants of Midtown work from home. 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 Midtown.
Market Report

Market Data

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