Alabama Industrial

Alabama

Office Space Market Report

Number of Listings (last 90 days)
667
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,320
As of: July 21, 2017

Alabama Rates

The typical asking rate per listing is in the $20's per square foot per year. The Alabama submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Alabama Listing Supply

In the last 90 days, 667 listings have come on the market, so you'll want to check back regularly for new listings. About 173% of the office spaces in the Alabama 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 2,360 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1984 and are Class B.

Alabama Community

Market Report

Trends and status of the commercial real estate market in Alabama.
Market Report

Market Data

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