Highlights
- The average rent for office space in Oklahoma City is $18.72 per square foot, 3.50% lower compared to the previous year.
- The average sale price for office space in Oklahoma City is $79.21 per square foot, marking an increase of 2.64% compared to 2024.
- The market’s vacancy rate stands at 16.03%, lower than the state average of Oklahoma, which is 18.26%.
- Renting Class A/A+ office space here costs $21.16 per square foot, while Class B averages $17.27 and Class C stands at $14.89.
- 120,180 square feet is currently under construction.
2025 Office Space Rent & Sales
- $18.72 2025 Avg. Asking Rent
- -3.50% Y-o-Y Avg. Asking Rent Change
- 16.03% 2025 Office Vacancy Rate
- $101.6M2025 Total Office Sales
- $79.21Avg. Sale Price/SF
What is the average asking rent price for office space in Oklahoma City?
Average asking rents for office space here stand at $18.72 per square foot. The local office market recorded an average vacancy rate of 16.03% in 2025, unchanged from 16.03% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $101.6M across 10 sales. These transactions commanded an average sale price per square foot of $79.21.
Oklahoma City, OK Office Asking Rents by Class
What is the average office rent per square foot by property class in Oklahoma City?
- Avg. Asking Rent Class A & A+$21.16
- Avg. Asking Rent Class B$17.27
- Avg. Asking Rent Class C$14.89
The average asking rent for Class A and A+ office space stood at $21.16 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Oklahoma City averaged $17.27 per square foot, while the average for Class C space was $14.89 per square foot.
What is the average office rent per square foot by property class in OK?
- Avg. Asking Rent Class A & A+$21.71
- Avg. Asking Rent Class B$16.27
- Avg. Asking Rent Class C$12.83
For comparison, the average rent for Class A and A+ office space in Oklahoma was $21.71 per square foot. The state-wide average for Class B space was $16.27 per square foot, and Class C office spaces averaged $12.83 per square foot.
Oklahoma City, OK Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Memorial Corridor | $24.47 | 13.46% |
| North | $20.04 | 17.35% |
| Moore | $19.66 | 17.48% |
| CBD | $19.43 | 10.76% |
| Southwest | $17.82 | 38.36% |
| Eastern Oklahoma County | $16.92 | 27.01% |
| Northwest Expressway Corridor | $15.75 | 23.09% |
| South | $14.67 | 23.89% |
| Edmond | $14.09 | 5.74% |
2025 Office Sales Volume
- $79.212025 Avg. Price per SF
- 2.64%Y-o-Y Avg. PpSF Change
- $101.6M2025 Office Sales Volume
- 102025 Number of Transactions
What is the average sale price per square foot for office space in Oklahoma City?
Average sale prices for office space in this market recorded a +2.64% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $79.21 per square foot. For comparison, the statewide Oklahoma average during the same time period stood at $90.62 per square foot, while the national average was $182.48 per square foot.
Oklahoma City, OK Sale Price per SF Trend
- Oklahoma City Avg. Sale Price per SF in 2025$79.21
- Oklahoma Avg. Sale Price per SF in 2025$90.62
What was the total office sales volume in Oklahoma City in 2025?
The local office market recorded 10 deals in 2025, adding up to a yearly sales volume of $101.6M.
- Oklahoma City, OK Total Office Sales Volume in 2025 $101.6M
- Oklahoma City, OK Total Number of Office Sales Closed in 2025 10
2025 Office Construction in Oklahoma City, OK
- Oklahoma City, OK Total SF completed in 2025 252,000
- Oklahoma City, OK Total SF under construction in 2026 120,180
How much office space was built in Oklahoma City in 2025?
Looking forward, development activity in 2026 is estimated to add 120,180 square feet of office space to the market in total.
What are the largest recent office completions in Oklahoma City?
The largest recent office completion here is OKC Innovation District - Convergence Tower & Innovation Hall at 252,574 square feet, completed in 2025. The next largest completions are The Phillips Murrah Building and 13601 W Memorial Park Dr.
| Office building | Address | SF | Completed |
|---|---|---|---|
| SE 59th Street Retail/Office | 4 Southeast 59th Street, 73149 | 6,844 | 2026 |
| 12312 Market Drive | 12312 Market Drive, 73114 | 6,642 | 2026 |
| 29th St & Mustang Rd | 29th St & Mustang Rd, 73099 | 6,604 | 2026 |
| OKC Innovation District - Convergence Tower & Innovation Hall | 308 NE 9th Street, 73104 | 252,574 | 2025 |
| The Phillips Murrah Building | 424 NW 10th Street, 73103 | 79,658 | 2024 |
| 101 NE 82nd St | 101 NE 82nd St, 73114 | 19,936 | 2024 |
| 13601 W Memorial Park Dr | 13601 W Memorial Park Dr, 73120 | 25,564 | 2023 |
| Premier Breast Institute of Oklahoma | 8516 S. Portland Avenue, 73159 | 24,894 | 2023 |
| Make Ready | 220 NW 13th Street, 73103 | 18,597 | 2023 |
| Palermo Place Office Park | 13901-13917 S. Western Avenue, 73170 | 11,500 | 2023 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.