Most listings are in the $10's per square foot per year. The Automobile Alley submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Oklahoma City market, the Automobile Alley submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 30,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 5 floors. Most buildings in this region were built in 1916 and are Class B.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Automobile Alley residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.