Commercial Lease Cost in Oklahoma
Updated July 2026 · Oklahoma commercial real estate rates
Calculate Commercial Lease Cost in Oklahoma
Commercial Lease Rates in Oklahoma
| Space Type | /sqft/yr | 1,000 sqft/mo | National |
|---|---|---|---|
| Office A | $51.00 | $4,250 | $60/sqft |
| Office B | $23.80 | $1,983 | $28/sqft |
| Retail Prime | $29.75 | $2,479 | $35/sqft |
| Retail Secondary | $15.30 | $1,275 | $18/sqft |
| Warehouse | $10.20 | $850 | $12/sqft |
| Industrial | $8.50 | $708 | $10/sqft |
Commercial Real Estate in Oklahoma
Commercial lease rates in Oklahoma are below the national average. Lower property values and competitive commercial markets make Oklahoma attractive for business tenants.
Key Lease Terms to Understand
- • NNN: Tenant pays base rent + property taxes + insurance + maintenance
- • CAM charges: Common area maintenance; add $3–$8/sqft/yr typically
- • Rent escalations: Typically 2–4% annually built into lease
- • TI allowance: Tenant improvement allowance from landlord for build-out
- • Personal guarantee: Landlords often require for small businesses
Negotiation Tips
- • Get a tenant's broker — they're paid by the landlord, not you
- • Negotiate free rent periods (1–3 months is common in soft markets)
- • Push for higher TI allowance vs. lower rent
- • Include a subletting clause for flexibility
True Total Occupancy Cost in Oklahoma — NNN Lease
NNN leases list only base rent — but total occupancy cost includes CAM charges, utilities, and insurance. Here's the real annual cost for 1,000 sqft in Oklahoma.
| Space Type | Base Rent/yr | +CAM/yr | Total/yr |
|---|---|---|---|
| Office A | $51,000 | +$4,250 | $55,250 |
| Office B | $23,800 | +$4,250 | $28,050 |
| Retail Prime | $29,750 | +$3,400 | $33,150 |
| Retail Secondary | $15,300 | +$3,400 | $18,700 |
| Warehouse | $10,200 | +$1,275 | $11,475 |
| Industrial | $8,500 | +$1,275 | $9,775 |
Based on 1,000 sqft. CAM includes property tax, insurance, and maintenance pass-throughs. 3-year total assumes 3.5% annual escalation. Add utilities ($1.50–$3.50/sqft/yr) for full occupancy cost.
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