Mountain Brook Sublease

Mountain Brook

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,880
As of: September 24, 2016

Mountain Brook Rates

On average, listings lease in the $20's per square foot per year. The Mountain Brook region is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Birmingham market, the Mountain Brook region has higher rates, and you'll need to make a great offer to be in this hot region.

Mountain Brook Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Mountain Brook 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.

Even though the median size is 5,880 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1995 and are Class B.

Mountain Brook Community

Mountain Brook Submarkets