Vestavia Hills Sublease

Vestavia Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,000
As of: July 22, 2017

Vestavia Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Vestavia Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.

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 posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available space in the Vestavia Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, 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 area are approximately 3 floors. Most buildings in this market were built in 1986 and are Class A.

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