The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills submarket is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 27% decline in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 223 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Vestavia Hills are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,860 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Vestavia Hills.
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