On average, listings lease in the $70's per square foot per year. The Southwest Oklahoma City submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $50 per sqft per year. That's a 238% increase in rent.
Compared to the rest of the Oklahoma City market, the Southwest Oklahoma City submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 100 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Southwest Oklahoma City work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.