Sand Ridge Office Space

Sand Ridge

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
15,030
As of: June 22, 2017

Sand Ridge Rates

The typical asking rate per listing is in the $10's per square foot per year. The Sand Ridge submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year.

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

Sand Ridge Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 850% of the listings in the Sand Ridge are subleases, so you might be able to find a shorter term or below market rent. 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 15,030 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. 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 market. Most of the residents of Sand Ridge work from home. Commuting approximately 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