Birmingham, AL Commercial Real Estate for Lease and Sale

Explore 579 listings of Birmingham commercial real estate to find the best space for your business.

Valleydale Village

5188 Caldwell Mill Road, Mill Springs Estates, Hoover, AL
Property

Retail

118,465 SF
Availability

2 Spaces

2,699 SF
Year Built

1980
For Lease Contact for pricing
View Details (opens in new window)
GREEN SPRINGS CENTER

430 Green Springs Highway, West Homewood, Birmingham, AL
Property

Retail

12,118 SF
Availability

3 Spaces

6,096 SF
For Lease

$15.50 - $18.00/SF/YR
View Details (opens in new window)
Urban Center Drive

Urban Center Drive, Liberty Park, Vestavia Hills, AL
Property

VacantLand

22 Acre
Availability

1 Space

22 Acre
For Lease Contact for pricing
View Details (opens in new window)
Single Tenant Office/Warehouse with Yard Infill Central Location for Birmingham Metro

3801 Messer Airport Hwy, North Avondale, Birmingham, AL
Property

Industrial
Availability

1 Space

20,200 SF
Year Built

1970
For Lease Contact for pricing
View Details (opens in new window)
Southlake Village

4524 Southlake Pkwy, Southlake, Hoover, AL
Property

Retail

57,970 SF
Availability

7 Spaces

24,306 SF
Year Built

1988
For Lease Contact for pricing
View Details (opens in new window)
Hollywood Imports Building

1472 Montgomery Hwy, Southbury, Vestavia Hills, AL
Property

Retail

2,476 SF
For Sale Contact for pricing
View Details (opens in new window)
Sublease Space: 10,000 SF Office / Showroom / Warehouse

3521 3rd Ave S, Southside Birmingham, Birmingham, AL
Property

Industrial
Availability

1 Space

10,000 SF
For Lease Contact for pricing
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Birmingham commercial real estate market incorporates 14,887,127 square feet of office space across 256 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Birmingham, the coworking segment of the commercial real estate market incorporates about 3,190 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Birmingham commercial real estate market includes 5,501,932 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Birmingham market, there is a total of 4,900,843 square feet of industrial property.
The listing inventory in Birmingham incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Birmingham is represented by Office space, which accounts for 3,788,295 square feet of available listings. Industrial space available in Birmingham adds up to 3,095,582 square feet.

Meanwhile, most of the listings of commercial property for sale in Birmingham are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Birmingham is $19.35 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Birmingham can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $21.85 per square foot, industrial space in Birmingham saw average rents of $8.21 per square foot.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Birmingham, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Birmingham is in the Downtown Birmingham neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Birmingham area.

Meanwhile, retail space opportunities are most abundant in the Downtown Birmingham submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Smithfield.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Birmingham was Office space.

Conversely, the highest sale price last year was $13,200,000 that is located at 2201 4th Avenue North.
The average size of a commercial property in Birmingham depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Birmingham, the average size of an office property is 66,461 square feet.
- Retail properties here incorporate an average of 39,870 square feet.
- Industrial space in Birmingham is in buildings that are, on average 60,505 square feet in size.

Birmingham, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Birmingham currently add up to 10,306,254 square feet. The market offers 199 active office listing(s), which amount to 3,674,200 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 1,414,831 square feet across 124 retail space(s). Industrial space for rent opportunities in Birmingham amount to 3,077,412 square feet across a total of 56 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	199	3,674,200
Retail	124	1,414,831
Industrial	56	3,077,412
Other	18	2,139,811

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Birmingham, AL. Currently, there is 6,036,820 square feet of commercial property for sale here , which includes 51 office building(s) for sale , 26 retail investment opportunity listing(s) , and 32 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	51	2,352,348
Retail	26	655,760
Industrial	32	1,531,936
Other	69	1,496,776

Birmingham, AL Commercial Real Estate Market Overview

Birmingham Commercial Real Estate Overview

Along with Atlanta, Birmingham, Ala., is one of the largest transportation centers in the South, crisscrossed by several railways and highways, including the I-20, I-22 and I-65. Previously known for its focus on heavy industry, Birmingham has reinvented itself as a banking, healthcare and engineering center.

Commercial real estate properties in Birmingham host various steel manufacturers and important engineering and construction companies. Since the 1980s, the city has seen major investment in its biotech and medical research facilities. The University of Alabama is the second-largest employer in the area, and healthcare companies such as Encompass Health, Caremark RX and Diagnostic Health Corporation are vital to Birmingham’s economy.

The Birmingham-Jefferson County Transit Authority (BJCTA) offers public transportation by bus and trolley bus, as well as links between the city’s central business district, the University of Alabama campus and the Birmingham-Shuttlesworth International Airport. There are also Greyhound and Megabus shuttles to and from Atlanta and Memphis, as well as the Crescent, a passenger train operated by Amtrak. Three major railroad freight lines also have stops in Birmingham, including the Norfolk Southern, CSX Transportation, BNSF Railway and Birmingham Southern Railroad.

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Birmingham, AL Commercial Real Estate for Lease and Sale

Valleydale Village

GREEN SPRINGS CENTER

Urban Center Drive

Single Tenant Office/Warehouse with Yard Infill Central Location for Birmingham Metro

Southlake Village

Hollywood Imports Building

Sublease Space: 10,000 SF Office / Showroom / Warehouse

Frequently Asked Questions

Birmingham, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Birmingham, AL Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools