Most listings are in the $40's per square foot per year. The Birmingham region is experiencing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Metro Detroit market, the Birmingham region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 14 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,030 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1970 and are Class B.