The typical asking rate per listing is in the $10's per square foot per year. The Fountain Heights submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 45% decrease in rent.
Compared to the rest of the Birmingham market, the Fountain Heights submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,180 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1920 and are Class C.
This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Most of the occupants of Fountain Heights work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.