Hoover Sublease

Hoover

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,880
As of: July 27, 2017

Hoover Rates

Most listings are in the $20's per square foot per year. The Hoover region is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 16% rise in rent.

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

Hoover Listing Supply

In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 127% of the office spaces in the Hoover 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 posted, 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 buildings in this market are around 2 floors. Most buildings in this area were built in 1988 and are Class A.

Hoover Community

Market Report

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

Market Data

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