Vestavia Hills Industrial

Vestavia Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,280
As of: March 12, 2017

Vestavia Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 16% increase in rent.

Compared to the rest of the Birmingham market, the Vestavia Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Vestavia Hills Listing Supply

In the last 90 days, 10 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,280 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1986 and are Class B.

Vestavia Hills Community

Market Report

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

Market Data

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