Norman, OK Commercial Real Estate for Lease and Sale

Explore 121 listings of Norman commercial real estate to find the best space for your business.

360 24th Ave NW - #114 (Centennial Place)

360 24th Ave NW, Cleveland, Norman, OK
Property

Office

10,860 SF
Availability

1 Space

1,422 SF
Year Built

1985
For Lease

$18.00/SF/YR
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707 24th Avenue SW Suite 202

707 24th Avenue SW Suite 202, Jackson, Norman, OK
Property

Office

12,668 SF
Availability

1 Space

1,575 SF
For Lease

$24.00/SF/YR
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114 West Main Street
Stiles
114 West Main Street, Norman, OK
Services

Private Office
Amenities

Complimentary coffee & tea

Ergonomic furniture

High-speed wifi

Kitchen

Paper shredding services

Printer

Utilities included
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Alameda St and 12th Ave SE

Alameda St and 12th Ave SE, Jefferson, Norman, OK
Property

VacantLand
For Sale

$400,000
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Boardwalk & Merchant Drive

2380 Boardwalk, 600 Merchant, 580 Merchant , Cleveland, Norman, OK
Property

VacantLand
For Sale

$141,570
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Industrial Land - Adkins Landing

W. Adkins Hill Road, Goldsby, Town Of Goldsby, OK
Property

VacantLand
For Sale

Subject To Offer
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3000 12th Avenue NE

3000 12th Avenue NE, Eisenhower, Norman, OK
Property

Land

6.1 Acre
For Sale

$925,000
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1200 W. Interstate Drive

1200 W. Interstate Drive, Goldsby, OK
Property

Office

6,528 SF
Availability

1 Space

1,500 SF
For Lease

$20.00/SF/YR
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207 East Gray Street
Stiles
207 East Gray Street, Norman, OK
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Ergonomic furniture

High-speed wifi

Kitchen

Paper shredding services

Utilities included
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223 E Main Street

223 E Main Street, Wilson, Norman, OK
Property

Other

5,250 SF
Availability

2 Spaces

5,250 SF
Year Built

1930
For Lease

$8.23 - $10.00/SF/YR
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1238- A N. Adkins Hill Road

1238- A N. Adkins Hill Road, Goldsby, OK
Property

Industrial

1,200 SF
Availability

1 Space

600 SF
For Lease

$900.00/MO
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1212 W Lindsey St

1212 W Lindsey St, Monroe, Norman, OK
Property

Retail

3,932 SF
Year Built

2009
For Sale

$1,900,000
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2130 E Alameda St

2130 E Alameda St, Lincoln, Norman, OK
Property

VacantLand
For Sale

$250,000
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E. Imhoff and 24th Avenue SE

E. Imhoff and 24th Avenue SE, Reagan, Norman, OK
Property

VacantLand
For Sale

$1,348,618
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116 West Main Street
Stiles
116 West Main Street, Norman, OK
Services

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Ergonomic furniture

High-speed internet

High-speed wifi

Kitchen

Paper shredding services

Utilities included
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River Oaks Plaza/Office

3625 W. Main Street , Truman North, Norman, OK
Property

Office

11,244 SF
Availability

3 Spaces

4,401 SF
Year Built

1983
For Lease

$17.00 - $20.00/SF/YR
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808 24th Avenue NW

808 24th Avenue NW, Cleveland, Norman, OK
Property

Office

7,955 SF
Availability

3 Spaces

3,700 SF
Year Built

1985
For Lease

$12.30 - $18.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Norman commercial real estate market incorporates 709,965 square feet of office space across 49 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Norman commercial real estate market includes 1,854,068 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Norman market, there is a total of 274,127 square feet of industrial property.

The listing inventory in Norman incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Norman is represented by Office space, which accounts for 195,470 square feet of available listings. Retail space available in Norman adds up to 179,598 square feet.

Meanwhile, most of the listings of commercial property for sale in Norman are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Norman is $15.26 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Norman can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $17.97 per square foot, industrial space in Norman saw average rents of $11.23 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Norman, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Norman is in the Adams neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Adams area.

Meanwhile, retail space opportunities are most abundant in the Lincoln submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Adams.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $21 per square foot. In particular, the property type commanding the highest lease rates in Norman was Retail space.

The average size of a commercial property in Norman depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Norman, the average size of an office property is 16,136 square feet.
Retail properties here incorporate an average of 51,502 square feet.
Industrial space in Norman is in buildings that are, on average 16,126 square feet in size.

Norman, OK Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Norman currently add up to 560,337 square feet. The market offers 39 active office listing(s), which amount to 195,468 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 158,115 square feet across 29 retail space(s). Industrial space for rent opportunities in Norman amount to 120,918 square feet across a total of 15 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	39	195,468
Retail	29	158,115
Industrial	15	120,918
Other	2	85,836

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Norman, OK. Currently, there is 355,474 square feet of commercial property for sale here , which includes 10 office building(s) for sale , 6 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	10	205,321
Retail	6	35,547
Industrial	3	55,978
Other	23	58,628

Norman, OK Commercial Real Estate for Lease and Sale

360 24th Ave NW - #114 (Centennial Place)

707 24th Avenue SW Suite 202

114 West Main Street

Alameda St and 12th Ave SE

Boardwalk & Merchant Drive

Industrial Land - Adkins Landing

3000 12th Avenue NE

1200 W. Interstate Drive

207 East Gray Street

223 E Main Street

1238- A N. Adkins Hill Road

1212 W Lindsey St

2130 E Alameda St

E. Imhoff and 24th Avenue SE

116 West Main Street

River Oaks Plaza/Office

808 24th Avenue NW

Frequently Asked Questions

Norman, OK Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Norman, OK Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Norman, OK?

What factors affect the price of commercial real estate in Norman, OK?

What is the average rent for commercial space in Norman, OK?

What are the best areas for commercial real estate in Norman, OK?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Norman, OK?

Norman, OK Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us