On average, listings lease in the $40's per square foot per year. The Birmingham region is going through a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.
Compared to the rest of the Metro Detroit market, the Birmingham region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Birmingham are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,520 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1970 and are Class B.