On average, listings lease in the $10's per square foot per year. The Hoover submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Birmingham market, the Hoover submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 154% of the available space 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1988 and are Class A.