Most listings are in the $20's per square foot per year. The Northeast Oklahoma City region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Oklahoma City market, the Northeast Oklahoma City region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 2009 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northeast Oklahoma City occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.