The typical asking rate per listing is in the $10's per square foot per year. The Birmingham submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Birmingham market, the Birmingham region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 68 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,640 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1979 and are Class B.