The typical asking rate per listing is in the $20's per square foot per year. The Vestavia Hills submarket is seeing a an increase 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 higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 1985 and are Class B.