The typical asking rate per listing is in the $20's per square foot per year. The Downtown Oklahoma City submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% rise in rent.
Compared to the rest of the Oklahoma City market, the Downtown Oklahoma City 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, 97 listings have been made available, so you'll want to check back regularly for new listings. About 21% of the office spaces in the Downtown Oklahoma City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1938 and are Class B.
This region is fairly equally mixed residential and commercial. Company management is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Oklahoma City residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.