Most listings are in the $20's per square foot per year. The Downtown Oklahoma City submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Oklahoma City market, the Downtown Oklahoma City submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 71 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Downtown Oklahoma City are subleases, so you will probably have to focus your search on direct office leases. 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 3,810 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1932 and are Class B.
This market is fairly equally mixed residential and commercial. Company management is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Oklahoma City residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.