On average, listings lease in the $20's per square foot per year. The Bessemer submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Birmingham market, the Bessemer submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 0 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Bessemer 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 region are close to 1 stories. Most buildings in this region were built in 1973 and are Class A.