Edmond, Oklahoma, is a prime location for businesses looking to establish a strong presence in the Oklahoma City metropolitan area. With a population of approximately 90,000 residents, Edmond offers a diverse demographic makeup and a strong focus on promoting public art and cultural diversity. The city's economy is supported by various industries, including wholesale trade, light manufacturing, information, and professional, scientific, and technical services. Major employers in Edmond include Crest Foods, a supermarket chain, and the University of Central Oklahoma, which is a significant educational institution in the area. The city's infrastructure is well-established, with the Citylink Edmond bus service providing public transportation within the city and connecting Edmond to other areas within the Oklahoma City metropolitan area. Additionally, the Santa Fe rail line, now operated by BNSF, passes through Edmond, providing a train transportation option. With its rich history, diverse economy, and strong infrastructure, Edmond is an attractive location for businesses looking to lease commercial real estate property.
Edmond offers a range of commercial real estate properties for lease, with 158 listings available. The average annual rent per square foot is $282 USD, with a minimum annual rent per square foot of $5 USD. The average size of commercial real estate properties for lease in Edmond is 16,587 square feet, with a maximum space size of 6,458,205 square feet and a minimum space size of 10 square feet. In addition to commercial real estate properties, Edmond also offers office space, coworking space, retail space, and industrial space for lease. Office space is available in various locations, including the downtown area and near the University of Central Oklahoma. Coworking space is also available, offering flexible and collaborative work environments. Retail space is abundant, with many shopping centers and strip malls throughout the city. Industrial space is available for lease, with many warehouses and distribution centers located near major transportation routes. With its diverse range of commercial real estate properties and strong economy, Edmond is an attractive location for businesses looking to establish a presence in the Oklahoma City metropolitan area.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Edmond, Oklahoma, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $282 USD per square foot, and the average size of available listings, which is 16,587 square feet, to ensure you're getting a fair deal.
- The maximum space size available, which is 6,458,205 square feet, to accommodate your business needs.
- The location and accessibility of the property, considering factors such as proximity to major transportation facilities like Interstate 35 and the Citylink Edmond bus service, as well as the surrounding amenities and attractions that can impact your business's success.
How do I determine the right size and type of commercial property to rent for my business needs?
When determining the right size and type of commercial property to rent for your business needs in Edmond, Oklahoma, it's essential to consider several factors, including the number of employees, type of industry, and required amenities. With 158 available listings of commercial real estate for lease in Edmond, you'll want to narrow down your options by assessing your specific business requirements.
- First, calculate your required square footage by considering the number of employees, workstations, and any specific equipment or machinery needed. For example, if you're looking for a space with an average size of 16,587 square feet, you'll want to ensure it can accommodate your team comfortably.
- Next, identify the type of commercial property that best suits your business needs, such as office, retail, or industrial space. Edmond's diverse economy, supported by industries like wholesale trade, light manufacturing, and professional services, offers a range of commercial properties to choose from.
- Finally, consider the amenities and location that are essential to your business. With easy access to Interstate 35 and the Citylink Edmond bus service, you may want to prioritize properties with proximity to major transportation hubs. Additionally, amenities like parking, security, and proximity to restaurants and shops may also impact your decision.
