On average, listings lease in the $20's per square foot per year. The Northwest Oklahoma City region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Oklahoma City market, the Northwest Oklahoma City region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 135 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Northwest Oklahoma City are subleases, so you will probably have to focus your search on direct office leases. 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 2,650 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Northwest Oklahoma City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.