The typical asking rate per listing is in the $20's per square foot per year. The Hoover region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Birmingham market, the Hoover region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 73 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Hoover are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1988 and are Class A.