The typical asking rate per listing is in the $20's per square foot per year. The Southwest Oklahoma City submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Oklahoma City market, the Southwest Oklahoma City submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 10 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 40,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this market were built in 2015 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Southwest Oklahoma City work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.