The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 223 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Vestavia Hills 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 2,250 sqft. Most properties in this region are around 2 floors. Most buildings in this region 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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