Most listings are in the $20's per square foot per year. The Birmingham submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Birmingham market, the Birmingham region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 99 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Birmingham are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1979 and are Class B.