Birmingham Medical

Birmingham

Market Report

Number of Listings
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,750

Birmingham Rates

Most listings are in the $20's per square foot per year. The Birmingham submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Birmingham market, the Birmingham region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Birmingham Listing Supply

In the last 90 days, 1323 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Birmingham are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,650 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1971 and are Class B.

Birmingham Community

Market Data

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