Alabama Industrial

Alabama

Office Space Market Report

Number of Listings (last 90 days)
673
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,000
As of: September 24, 2016

Alabama Rates

Most listings are in the $10's per square foot per year. The Alabama submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Alabama Listing Supply

In the last 90 days, 673 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Alabama are subleases, so you will probably have to consider a longer term lease. 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 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1985 and are Class B.

Alabama Community