Mountain Brook Sublease

Mountain Brook

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,800
As of: June 24, 2017

Mountain Brook Rates

On average, listings lease in the $20's per square foot per year. The Mountain Brook region is seeing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

Mountain Brook Listing Supply

In the last 90 days, 9 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 111% of the listings in the Mountain Brook are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1972 and are Class B.

Mountain Brook Community

Market Report

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

Market Data

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

Mountain Brook Submarkets