Sand Ridge Office Space

Sand Ridge

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
22,000
As of: July 22, 2017

Sand Ridge Rates

On average, listings lease in the $10's per square foot per year. The Sand Ridge region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 21% decrease in rent.

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

Sand Ridge Listing Supply

In the last 90 days, 2 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 350% of the available space in the Sand Ridge are subleases, so you might be able to snag a great spot on a short term. 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 22,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 2000 and are Class B.

Sand Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the residents of Sand Ridge work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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