Northwest Oklahoma City Retail

Northwest Oklahoma City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Northwest Oklahoma City Rates

On average, listings lease in the $10's per square foot per year. The Northwest Oklahoma City submarket is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 26% decline in rent.

Compared to the rest of the Oklahoma City market, the Northwest Oklahoma City submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Northwest Oklahoma City Listing Supply

In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Northwest Oklahoma City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 910 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 2006 and are Class A.

Northwest Oklahoma City Community

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 walking is the most popular way to get to work amongst Northwest Oklahoma City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.