On average, listings lease in the $20's per square foot per year. The Hoover region is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Birmingham market, the Hoover region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Hoover 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,950 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1988 and are Class A.