Birmingham Industrial

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
63
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,640
As of: September 30, 2016

Birmingham Rates

The typical asking rate per listing is in the $10's per square foot per year. The Birmingham region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Birmingham market, the Birmingham region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Birmingham Listing Supply

In the last 90 days, 63 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,640 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1979 and are Class B.

Birmingham Community