Alabaster, AL Commercial Real Estate for Lease and Sale

Explore 20 listings of Alabaster commercial real estate to find the best space for your business.

Interstate Commerce Park Lots

Airpark Industrial Road, Alabaster, AL
Property

VacantLand
For Sale

$2,250,000
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Shelby II Medical Plaza

1022 1st Street N., Alabaster, AL
Property

Office

96,642 SF
Availability

10 Spaces

34,525 SF
For Lease Contact for pricing
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Alabaster Market Center

104 Market Center Drive, Alabaster, AL
Property

Retail

19,900 SF
Availability

3 Spaces

3,820 SF
Year Built

1994
For Lease

$12.00 - $13.50/SF/YR
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224 1st Street North

224 1st Street North, Alabaster, AL
Property

Office

60,984 SF
Availability Contact for availability
Year Built

2001
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Retail Industrial

Retail Land
1st Street Alabaster

349-351 1st St SW, Alabaster, AL
Property

Retail

20,000 SF
Availability

2 Spaces

14,500 SF
Year Built

1940
For Lease

$9.50/SF/YR
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Shelby East

595 Snow Dr, Alabaster, AL
Property

VacantLand

1,800 SF
Year Built

2001
For Sale

Call For Pricing
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Interstate Commerce Park Land

Interstate Commerce Park Land, Alabaster, AL
Property

VacantLand
For Sale

$612,000
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8111 Highway 119

8111 Highway 119, Alabaster, AL
Property

Retail

4,700 SF
Year Built

2017
For Sale

$775,000
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Shelby I Medical Plaza

1004 1st Street N., Alabaster, AL
Property

Office

54,256 SF
Availability

8 Spaces

20,635 SF
For Lease Contact for pricing
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Airpark Industrial

100 Airpark Industrial Rd, Alabaster, AL
Property

Industrial

87,000 SF
Availability

5 Spaces

54,000 SF
Year Built

1998
For Lease

$6.75 - $9.00/SF/YR
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Multi-Tenant Medical Building

300 1st Street North, Alabaster, AL
Property

Other

11,800 SF
For Sale

$1,575,000
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566 1st Street North

566 1st Street North, Alabaster, AL
Property

VacantLand

2.11 Acre
Availability

1 Space

2.11 Acre
For Lease Contact for pricing
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Propst Promenade

300 Colonial Promenade Pkwy, Alabaster, AL
Property

Retail

218,628 SF
Availability

3 Spaces

7,530 SF
Year Built

2006
For Lease

$20.00/SF/YR
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White Stone Center

9200 State Route 119, Alabaster, AL
Property

Retail

70,440 SF
Availability

2 Spaces

2,358 SF
Year Built

2004
For Lease Contact for pricing
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566 1st Street North

566 1st Street North, Alabaster, AL
Property

VacantLand

2.11 Acre
For Sale Contact for pricing
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Alabaster Crossroads

10675 Highway 119, Alabaster, AL
Property

VacantLand

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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Vacant Land For Sale

855 & 859 U.S. 31, Alabaster, AL
Property

VacantLand
For Sale

$299,900
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85 Spectrum Cove Office: +/-4,000 - 8,000 SF Available

85 Spectrum Cove, Alabaster, AL
Property

Office
Availability

1 Space

8,000 SF
Year Built

2009
For Lease Contact for pricing
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1022 Tower Medical Office Suite SUBLEASE

1022 1st Street North, Suite 300, Alabaster, AL
Property

Office

97,000 SF
Availability

1 Space

2,658 SF
Year Built

1999
For Lease

$24.34/SF/YR
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1140 1st Street North

1140 1st Street North, Alabaster, AL
Property

Office

2,875 SF
Availability

1 Space

2,875 SF
For Lease

$19.00/SF/YR
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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 Alabaster commercial real estate market incorporates 311,757 square feet of office space across 7 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.
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 Alabaster commercial real estate market includes 345,666 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 Alabaster market, there is a total of 93,000 square feet of industrial property.

The listing inventory in Alabaster 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 Alabaster is represented by Office space, which accounts for 68,693 square feet of available listings. Industrial space available in Alabaster adds up to 60,000 square feet.

Meanwhile, most of the listings of commercial property for sale in Alabaster are in the Retail 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 Alabaster is $24.1 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 Alabaster 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.

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 Alabaster, depending on the property type you are interested in.

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 $25.5 per square foot. In particular, the property type commanding the highest lease rates in Alabaster was Office space.

The average size of a commercial property in Alabaster 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 Alabaster, the average size of an office property is 62,352 square feet.
Retail properties here incorporate an average of 57,611 square feet.
Industrial space in Alabaster is in buildings that are, on average 46,500 square feet in size.

Alabaster, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Alabaster currently add up to 247,813 square feet. The market offers 7 active office listing(s), which amount to 68,693 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 28,208 square feet across 4 retail space(s). Industrial space for rent opportunities in Alabaster amount to 54,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	68,693
Retail	4	28,208
Industrial	1	54,000
Other	2	96,912

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 Alabaster, AL. Currently, there is 18,302 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	4,700
Other	6	13,602

Alabaster, AL Commercial Real Estate for Lease and Sale

Interstate Commerce Park Lots

Shelby II Medical Plaza

Alabaster Market Center

224 1st Street North

1st Street Alabaster

Shelby East

Interstate Commerce Park Land

8111 Highway 119

Shelby I Medical Plaza

Airpark Industrial

Multi-Tenant Medical Building

566 1st Street North

Propst Promenade

White Stone Center

566 1st Street North

Alabaster Crossroads

Vacant Land For Sale

85 Spectrum Cove Office: +/-4,000 - 8,000 SF Available

1022 Tower Medical Office Suite SUBLEASE

1140 1st Street North

Frequently Asked Questions

Alabaster, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Alabaster, AL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Alabaster, AL?

What factors affect the price of commercial real estate in Alabaster, AL?

What is the average rent for commercial space in Alabaster, AL?

What are the best areas for commercial real estate in Alabaster, AL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Alabaster, AL?

Alabaster, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us