Vestavia Hills Sublease

Vestavia Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,250
As of: August 20, 2017

Vestavia Hills Rates

On average, listings lease in the $20's per square foot per year. The Vestavia Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 38% 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 submarket.

Vestavia Hills Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Vestavia Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,250 sqft. Most buildings in this area are around 2 stories. Most buildings in this region 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