The typical asking rate per listing is in the $10's per square foot per year. The Vestavia Hills submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 38% decline in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1986 and are Class B.