The typical asking rate per listing is in the $20's per square foot per year. The Business District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Oklahoma City market, the Business District region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. About 140% of the available space in the Business District 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,190 sqft. Most buildings in this market are close to 14 floors. Most buildings in this market were built in 1931 and are Class B.
Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Business District residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.