Norman Retail

Norman

Office Space Market Report

Number of Listings (last 90 days)
409
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,970
As of: August 22, 2017

Norman Rates

The typical asking rate per listing is in the $20's per square foot per year. The Norman submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

Norman Listing Supply

In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. About 61% of the listings in the Norman are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,970 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1984 and are Class B.

Norman Community

Market Report

Trends and status of the commercial real estate market in Norman.
Market Report

Market Data

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