Find Hoover commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Hoover commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Hoover submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $2 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Birmingham commercial real estate market, the Hoover region has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 484 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Hoover 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 on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,410 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built close to 1988 and are Class A.
Real time and historical data on commercial real estate listings in Hoover.
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