Bessemer Industrial Space

Bessemer

Market Report

Number of Listings
Posted in the last 90 days
13
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,000

Bessemer Rates

Most listings are in the $20's per square foot per year. The Bessemer submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 24% rise in rent.

Compared to the rest of the Birmingham market, the Bessemer submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Bessemer Listing Supply

In the last 90 days, 77 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Bessemer are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1973 and are Class A.

Bessemer Community

Market Data

Real time and historical data on commercial real estate listings in Bessemer.
Research