Most listings are in the $20's per square foot per year. The Downtown Oklahoma City region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Oklahoma City market, the Downtown Oklahoma City region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. 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 3,810 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1936 and are Class B.
This area is fairly equally mixed residential and commercial. Company management is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Oklahoma City occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.