2022 Office Space Rent & Sales
- $20.40 2022 Avg. Asking Rent
- -0.09% Y-o-Y Avg. Asking Rent Change
- 6.48% 2022 Office Vacancy Rate
Mountain Brook office price per square foot in 2022 was $20.40 on average. This marked a -0.09% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 6.48% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Mountain Brook Class B Office Space$20.95
- Mountain Brook Class C Office Space$19.25
- Alabama Class A & A+ Office Space$23.47
- Alabama Class B Office Space$19.77
- Alabama Class C Office Space$17.29
Mountain Brook, AL Office Asking Rents by Class
Coworking Spaces in Alabama
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Office building | Address | SF | Completed |
---|---|---|---|
58 Vine Street | 58 Vine Street, 35213 | 5,942 | 1991 |
110 Building | 110 Office Park Dr, 3rd Floor, 35223 | 39,772 | 1972 |
200 Office Park Drive | 200 Office Park Drive, 35223 | 36,281 | 1970 |
300 Office Park Drive | 300 Office Park Drive, 35223 | 45,104 | 1969 |
Office Park - 2 & 3 Office Park Circle | 3 Office Park Circle, 35223 | 72,921 | 1966 |
Office Park - 4 Office Park Circle | 4 Office Park Circle, 35223 | 84,708 | 1964 |
Office Park - 13-17 Office Park Circle | 15 Office Park Circle, 35223 | 64,916 | 1958 |
Office Park - 7-10 Office Park Circle | 10 Office Park Circle, 35223 | 57,441 | 1957 |
Worth noting among recent office completions on the Mountain Brook market is 58 Vine Street, which is currently the largest new office development in the city, at 5,942 square feet.
See reports for other markets
- Birmingham Office Rent Price
- Huntsville Office Rent Price
- Hoover Office Rent Price
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- Chicago Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Mountain Brook commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.