The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Birmingham market, the Vestavia Hills submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 11 listings have been listed, which means office spaces are probably 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 2,570 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1985 and are Class B.