On average, listings lease in the $20's per square foot per year. The Trussville submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 46% decline in rent.
Compared to the rest of the Birmingham market, the Trussville submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 40 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Trussville are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 2000 and are Class A.
Real time and historical data on commercial real estate listings in Trussville.
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