The typical asking rate per listing is in the $10's per square foot per year. The Sand Ridge submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 21% decrease in rent.
Compared to the rest of the Birmingham market, the Sand Ridge region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the office spaces in the Sand Ridge 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.
Even though the median size is 22,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 2000 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the residents of Sand Ridge work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.