Most listings are in the $10's per square foot per year. The South Oklahoma City submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Oklahoma City market, the South Oklahoma City region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 20 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the South Oklahoma City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,130 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1992 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst South Oklahoma City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.