Trussville Sublease

Trussville

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,500
As of: February 27, 2017

Trussville Rates

On average, listings lease in the $10's per square foot per year. The Trussville region is going through a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 35% decline in rent.

Compared to the rest of the Birmingham market, the Trussville submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Trussville Listing Supply

In the last 90 days, 7 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Trussville 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 2000 and are Class A.

Trussville Community

Market Report

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

Market Data

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