Vestavia Hills Sublease

Vestavia Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,950
As of: June 23, 2017

Vestavia Hills Rates

Most listings are in the $10's per square foot per year. The Vestavia Hills region is experiencing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Birmingham market, the Vestavia Hills submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Vestavia Hills Listing Supply

In the last 90 days, 10 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 460% of the available leases in the Vestavia Hills 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.

Even though the median size is 2,820 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1986 and are Class B.

Vestavia Hills Community

Market Report

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

Market Data

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