Tulsa Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Tulsa is $18.96 per square foot, 15.28% higher compared to the previous year.
  • The average sale price for office space in Tulsa is $95.70 per square foot, marking an increase of 36.67% compared to 2024.
  • The market’s vacancy rate stands at 15.89%, lower than the state average of Oklahoma, which is 18.26%.
  • Renting Class A/A+ office space here costs $22.13 per square foot, while Class B averages $15.04 and Class C stands at $12.33.

2025 Office Space Rent & Sales

  • $18.96 2025 Avg. Asking Rent
  • 15.28% Y-o-Y Avg. Asking Rent Change
  • 15.89% 2025 Office Vacancy Rate
  • $129.9M2025 Total Office Sales
  • $95.70Avg. Sale Price/SF

What is the average asking rent price for office space in Tulsa?

Average asking rents for office space here stand at $18.96 per square foot. The local office market recorded an average vacancy rate of 15.89% in 2025, unchanged from 15.89% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $129.9M across 9 sales. These transactions commanded an average sale price per square foot of $95.70.

Tulsa, OK Office Asking Rents by Class

What is the average office rent per square foot by property class in Tulsa?

  • Avg. Asking Rent Class A & A+$22.13
  • Avg. Asking Rent Class B$15.04
  • Avg. Asking Rent Class C$12.33

The average asking rent for Class A and A+ office space stood at $22.13 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Tulsa averaged $15.04 per square foot, while the average for Class C space was $12.33 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.

Tulsa, OK Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Tulsa was Yale Ave Corridor at 12.73%. Meanwhile, the highest office vacancy rate in the market was 26.87%, recorded in Midtown North.
Submarket Asking Rents Vacancy Rates
CBD $21.93 17.88%
Yale Ave Corridor $17.12 12.73%
Midtown North $16.00 26.87%
Southeast Tulsa $15.31 22.61%
Midtown South $13.88 17.27%
Lewis Ave Corridor $13.44 14.28%
Data provided by Yardi Research

Explore Top Office Markets in Oklahoma

2025 Office Sales Volume

  • $95.702025 Avg. Price per SF
  • 36.67%Y-o-Y Avg. PpSF Change
  • $129.9M2025 Office Sales Volume
  • 92025 Number of Transactions

What is the average sale price per square foot for office space in Tulsa?

Average sale prices for office space in this market recorded a +36.67% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $95.70 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.

Tulsa, OK Sale Price per SF Trend

  • Tulsa Avg. Sale Price per SF in 2025$95.70
  • Oklahoma Avg. Sale Price per SF in 2025$90.62

What was the total office sales volume in Tulsa in 2025?

The local office market recorded 9 deals in 2025, adding up to a yearly sales volume of $129.9M.

  • Tulsa, OK Total Office Sales Volume in 2025 $129.9M
  • Tulsa, OK Total Number of Office Sales Closed in 2025 9
Data provided by Yardi Research

Office Construction in Tulsa, OK

What are the largest recent office completions in Tulsa?

The largest recent office completion here is 222 North Detroit Avenue at 260,283 square feet, completed in 2022. The next largest completions are Santa Fe Square and Davenport.

Office building Address SF Completed
Santa Fe Square 521 East 2nd Street South, 74120 163,441 2023
222 North Detroit Avenue 222 North Detroit Avenue, 74103 260,283 2022
Davenport 405 N Main St, 74103 80,000 2021
3516 E 31st St 3516 E 31st St, 74135 2,500 2020
4809 E 89th St 4809 E 89th St, 74137 9,340 2019
Vineyard Office Building 7806 E 108 ST, 74133 6,716 2017
Riverside Place 10133 - 10145 S Riverside Pkwy, 74137 14,393 2016
4613 E 91st St 4613 E 91st St, 74137 4,884 2007
4613 E 91st St 4613 E 91st St, 74137 4,884 2007
905 S Hudson Ave 905 S Hudson Ave TULSA, 74112 7,200 2006
Data provided by Yardi Research

See reports for other markets

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.