Birmingham Sublease

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
1,323
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,200
As of: August 17, 2017

Birmingham Rates

The typical asking rate per listing is in the $10's per square foot per year. The Birmingham region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 21% decline in rent.

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

Birmingham Listing Supply

In the last 90 days, 105 listings have been listed, so you'll want to check back regularly for new listings. About 140% of the listings in the Birmingham 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.

Even though the median size is 3,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1970 and are Class B.

Birmingham Community

Market Report

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

Market Data

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