On average, listings lease in the $20's per square foot per year. The Fountain Heights region is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Birmingham market, the Fountain Heights submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 213% of the available space in the Fountain Heights are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1920 and are Class B.
This area is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Most of the residents of Fountain Heights work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.