The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,280 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1986 and are Class B.