On average, listings lease in the $20's per square foot per year. The Hoover submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Birmingham market, the Hoover region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. About 67% of the office spaces in the Hoover 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,720 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1988 and are Class A.