The typical asking rate per listing is in the $20's per square foot per year. The Northeast Oklahoma City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Oklahoma City market, the Northeast Oklahoma City submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 25 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market 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 region. 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.