The typical asking rate per listing is in the $20's per square foot per year. The Mountain Brook region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Birmingham market, the Mountain Brook submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 159 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Mountain Brook are subleases, so you will probably have to focus your search on direct office leases. 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 1,050 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1972 and are Class B.
Real time and historical data on commercial real estate listings in Mountain Brook.
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