Birmingham Retail

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
113
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,500
As of: February 20, 2017

Birmingham Rates

Most listings are in the $20's per square foot per year. The Birmingham region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the Birmingham market, the Birmingham region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Birmingham Listing Supply

In the last 90 days, 112 listings have come on the market, so you'll want to check back regularly for new listings. About 4% 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1979 and are Class B.

Birmingham Community

Market Report

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

Market Data

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