On average, listings lease in the $20's per square foot per year. The Central Oklahoma City submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Oklahoma City market, the Central Oklahoma City submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 372 listings have been made available, so you'll want to check back regularly for new listings. About 69% of the available space in the Central Oklahoma City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,910 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Oklahoma City occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.