On average, listings lease in the $10's per square foot per year. The Southern Oaks submarket is going through a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Oklahoma City market, the Southern Oaks region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 1975 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Southern Oaks occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.