Birmingham Retail

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
137
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,890
As of: January 19, 2017

Birmingham Rates

The typical asking rate per listing is in the $20's per square foot per year. The Birmingham region is seeing a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Birmingham market, the Birmingham submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Birmingham Listing Supply

In the last 90 days, 138 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Birmingham are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. 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