Irondale Sublease

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Irondale

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
280
As of: June 23, 2017

Irondale Rates

The typical asking rate per listing is in the $50's per square foot per year. The Irondale region is experiencing a a rise in rates. In the last 3 months, the median rate increased $59 per sqft per year.

Compared to the rest of the Birmingham market, the Irondale region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Irondale Listing Supply

In the last 90 days, 4 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the listings in the Irondale 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 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 280 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1987 and are Class A.

Irondale Community

Market Report

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

Market Data

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