Birmingham Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Birmingham Rates

On average, listings lease in the $30's per square foot per year. The Birmingham submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Metro Detroit market, the Birmingham submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Birmingham Listing Supply

In the last 90 days, 11 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 9,220 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1970 and are Class B.

Birmingham Community

Market Report

Trends and status of the commercial real estate market in Birmingham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Birmingham.

Birmingham Submarkets