Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
8,220
As of: July 21, 2017

Midtown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Midtown region is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Oklahoma City market, the Midtown region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Midtown Listing Supply

In the last 90 days, 27 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 44% of the available space 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,570 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market 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 area. Most of the folk of Midtown work from home. Commuting close to 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