On average, listings lease in the $20's per square foot per year. The Midtown region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Oklahoma City market, the Midtown submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 27 listings have come on the market, which means listings most likley are leasing quickly. 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.
The standard measurement for office space in this area is around 2,090 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1940 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the occupants of Midtown work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.