On average, listings lease in the $20's per square foot per year. The Woodland Park region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Oklahoma City market, the Woodland Park region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 23 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Woodland Park are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region 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. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Woodland Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.