On average, listings lease in the $20's per square foot per year. The Vestavia Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1985 and are Class B.