Mountain Brook Retail

Mountain Brook

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,660
As of: August 19, 2017

Mountain Brook Rates

On average, listings lease in the $20's per square foot per year. The Mountain Brook submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Birmingham market, the Mountain Brook region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Mountain Brook Listing Supply

In the last 90 days, 9 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 156% of the office spaces in the Mountain Brook 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1972 and are Class B.

Mountain Brook Community

Market Report

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

Market Data

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

Mountain Brook Submarkets