Alabama Retail

Alabama

Office Space Market Report

Number of Listings (last 90 days)
1,001
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,960
As of: December 3, 2016

Alabama Rates

On average, listings lease in the $20's per square foot per year. The Alabama submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Alabama Listing Supply

In the last 90 days, 1009 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the listings in the Alabama are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1986 and are Class B.

Alabama Community

Market Report

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

Market Data

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