Fairhope Office Space

Fairhope

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,960

Fairhope Rates

Most listings are in the $20's per square foot per year. The Fairhope submarket is going through a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 36% decrease in rent.

Fairhope Listing Supply

In the last 90 days, 38 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Fairhope are subleases, so you might be able to find a shorter term or below market rent. 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 1,960 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 2005 and are Class A.

Fairhope Community

Market Data

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