Hoover Retail

Hoover

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,240
As of: June 28, 2017

Hoover Rates

The typical asking rate per listing is in the $10's per square foot per year. The Hoover region is experiencing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

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

Hoover Listing Supply

In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. About 144% of the office spaces in the Hoover are subleases, so you might be able to snag a great spot on a short term. 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 2,240 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1988 and are Class A.

Hoover Community

Market Report

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

Market Data

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