The typical asking rate per listing is in the $20's per square foot per year. The Automobile Alley submarket is going through a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% rise in rent.
Compared to the rest of the Oklahoma City market, the Automobile Alley submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been listed, which means new availabilities might be 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 5,460 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this area were built in 1920 and are Class B.
Education is the dominant industry in this area. 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.