On average, listings lease in the $30's per square foot per year. The Fairhope submarket is going through a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
In the last 90 days, 7 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 43% of the available space in the Fairhope 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 2000 and are Class A.