Birmingham Office Space

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,000
As of: May 21, 2017

Birmingham Rates

The typical asking rate per listing is in the $20's per square foot per year. The Birmingham region is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Birmingham market, the Birmingham submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Birmingham Listing Supply

In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space 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 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1976 and are Class B.

Birmingham Community

Market Report

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

Market Data

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