Jefferson County Industrial

Jefferson County

Office Space Market Report

Number of Listings (last 90 days)
2,625
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,060
As of: August 22, 2017

Jefferson County Rates

Most listings are in the $10's per square foot per year. The Jefferson County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 21% decrease in rent.

Compared to the rest of the Birmingham market, the Jefferson County submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Jefferson County Listing Supply

In the last 90 days, 201 listings have come on the market, so you'll want to check back regularly for new listings. About 145% of the office spaces in the Jefferson County are subleases, so you might be able to sign a shorter term by taking over a previous 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 3,060 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1978 and are Class A.

Jefferson County Community

Market Report

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

Market Data

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