Hoover Medical Space For Sale

Hoover

Market Report

Number of Listings For Sale
Posted in the last 90 days
3
Median Size (sqft)
1,310

Hoover Commercial Real Estate

Find Hoover commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Hoover commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Hoover Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Hoover submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $2 per sqft per year.

Compared to the rest of the Birmingham commercial real estate market, the Hoover region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hoover Listing Supply

In the last 90 days, 484 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Hoover 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 size for office space in this area is around 1,310 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built close to 1988 and are Class A.

Hoover Community

Market Data

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