Vestavia Hills Office Space

Vestavia Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,000
As of: July 19, 2017

Vestavia Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Vestavia Hills submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Birmingham market, the Vestavia Hills region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Vestavia Hills Listing Supply

In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 130% of the office spaces in the Vestavia Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1986 and are Class B.

Vestavia Hills Community

Market Report

Trends and status of the commercial real estate market in Vestavia Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Vestavia Hills.
Research