Most listings are in the $20's per square foot per year. The Mountain Brook submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Birmingham market, the Mountain Brook submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 9 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 156% of the office spaces in the Mountain Brook 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.
The standard measurement for office space in this area is around 1,660 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1972 and are Class B.