Birmingham, AL Commercial Real Estate for Lease and Sale

Explore 550 listings of Birmingham commercial real estate to find the best space for your business.

Former Sprouts Farmers Market

1031 Montgomery Highway, Vesthaven - Tanglewood, Vestavia Hills, AL
Property

Retail

28,112 SF
Availability

1 Space

28,112 SF
For Lease Contact for pricing
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Former Villa Fiesta

7950 Crestwood Blvd, Crest Forest, Irondale, AL
Property

Retail

6,920 SF
Year Built

1977
For Sale

$595,000
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Five Points East Shopping Center

1630 CRESTWOOD BLVD., Old Irondale, Irondale, AL
Property

Retail

3,000 SF
Availability

2 Spaces

2,725 SF
For Lease Contact for pricing
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Highlander Building

701 37th St S, Forest Park, Birmingham, AL
Property

Office

15,500 SF
Availability

1 Space

1,500 SF
Year Built

1955
For Lease

$2,800.00/MO
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
The Grove

5569 Grove Blvd, Lake Crest, Hoover, AL
Property

Retail

140,000 SF
Availability

2 Spaces

4,000 SF
For Lease Contact for pricing
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1813 3rd Avenue South

1813 3rd Avenue South, Five Points South, Birmingham, AL
Property

Industrial

9,800 SF
Availability

1 Space

9,800 SF
Year Built

1920
For Lease Contact for pricing
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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
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Heritage Towne Center

833 Dennison Ave SW, Woodland Park, Birmingham, AL
Property

Retail

99,082 SF
Availability

2 Spaces

26,044 SF
Year Built

1991
For Lease Contact for pricing
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Office Suite For Lease

3525 Lorna Ridge Drive, Lynngate - Tal Heim, Hoover, AL
Property

Office

5,000 SF
Availability

1 Space

1,250 SF
Year Built

1992
For Lease

$14.95/SF/YR
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Chase Corporate Center

One & Two Chase Corporate Drive, Chase Lake, Hoover, AL
Property

Office
Availability

1 Space

21,635 SF
Year Built

1987
For Lease Contact for pricing
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3921 1st Ave North

3921 1st Ave North, North Avondale, Birmingham, AL
Property

Retail

1,872 SF
Availability

1 Space

1,872 SF
For Lease Contact for pricing
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4330 Powell Ave

4330 Powell Ave, North Avondale, Birmingham, AL
Property

Industrial

23,500 SF
Availability

1 Space

23,500 SF
For Lease

$6,375.00/MO
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Storage Yard

611 Republic Circle, Thomas, Birmingham, AL
Property

VacantLand
Availability

1 Space

146,361 SF
For Lease Contact for pricing
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Midfield Plaza

40 Phillips Drive, Midfield, AL
Property

Retail

40,331 SF
Availability

6 Spaces

15,667 SF
For Lease

$10.00/SF/YR
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Rocky Ridge Office Park

3280, 3284 & 3288 Morgan Drive, Vesthaven - Tanglewood, Vestavia Hills, AL
Property

Office

12,848 SF
Availability

2 Spaces

4,087 SF
For Lease

$18.50/SF/YR
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3591 Center Point Pkwy

3591 Center Point Pkwy, Center Point, AL
Property

VacantLand
For Sale

$395,000
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5224 Messer Airport Highway

5224 Messer Airport Highway, Woodlawn, Birmingham, AL
Property

VacantLand

0.48 Acre
For Sale

$500,000
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The Shops on Montevallo

4500 Montevallo Road, Crestline, Birmingham, AL
Property

Retail

65,041 SF
Availability

5 Spaces

8,506 SF
Year Built

1990
For Lease

$19.50/SF/YR
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Retail/Office Space For Lease

3141 Lorna Road, Chapel Hill, Hoover, AL
Property

Office

12,144 SF
Availability

1 Space

4,500 SF
For Lease

$14.00/SF/YR
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2229 1st Avenue North

2229 1st Avenue North, Downtown Birmingham, Birmingham, AL
Property

Retail

13,782 SF
Availability

4 Spaces

13,782 SF
For Lease Contact for pricing
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Corporate Center

2700 Rogers Drive, Hollywood, Birmingham, AL
Property

Office

25,400 SF
Availability

1 Space

3,164 SF
For Lease

$23.50/SF/YR
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Adamsville Town Center

2419 Palomino Ln, Forestdale, AL
Property

Retail

3,111 SF
Availability

2 Spaces

2,821 SF
For Lease Contact for pricing
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9772 Parkway East

9772 Parkway East, Roebuck, Center Point, AL
Property

Office

9,046 SF
Availability

1 Space

9,046 SF
For Lease

$13.00/SF/YR
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600 Vestavia Parkway

600 Vestavia Parkway, Montreat - Vestridge, Vestavia Hills, AL
Property

Office

45,000 SF
Availability

3 Spaces

5,201 SF
Year Built

1981
For Lease

$19.50 - $19.75/SF/YR
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Spencer Building

1816 1st Avenue North, Downtown Birmingham, Birmingham, AL
Property

Retail

40,000 SF
Year Built

1920
For Sale

$3,950,000/SF
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1121 Huffman Rd

1121 Huffman Rd, Spring Lake, Birmingham, AL
Property

Retail

5,374 SF
Year Built

1984
For Sale

Subject To Offer
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The Hill at Grants Mills

5401-5415 Beacon Dr, Crestline Holiday Gardens, Birmingham, AL
Property

Retail

228,928 SF
Availability

9 Spaces

19,720 SF
For Lease Contact for pricing
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Valley Avenue

321 Valley Ave, Glen Iris, Birmingham, AL
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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+/- 5 Acre Parcel in Southlake Park

4575 Southlake Parkway, Southlake, Hoover, AL
Property

Other
For Sale

$995,000
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Denham Building

1143 1st Avenue South, Five Points South, Birmingham, AL
Property

Office
Availability

1 Space

4,737 SF
Year Built

1927
For Lease Contact for pricing
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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 Birmingham commercial real estate market incorporates 14,136,902 square feet of office space across 240 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 380 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 4,586,701 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 4,189,273 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 3,679,146 square feet of available listings. Industrial space available in Birmingham adds up to 3,021,259 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 $19.01 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 $21.76 per square foot, industrial space in Birmingham saw average rents of $7.53 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 West Homewood 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 $28.75 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 $28,000,000 that is located at 3980 Colonnade Pkwy.

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 65,449 square feet.
Retail properties here incorporate an average of 36,116 square feet.
Industrial space in Birmingham is in buildings that are, on average 56,612 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 10,955,862 square feet. The market offers 193 active office listing(s), which amount to 3,678,454 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 1,256,901 square feet across 112 retail space(s). Industrial space for rent opportunities in Birmingham amount to 3,101,407 square feet across a total of 59 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	193	3,678,454
Retail	112	1,256,901
Industrial	59	3,101,407
Other	19	2,919,100

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 5,206,065 square feet of commercial property for sale here , which includes 47 office building(s) for sale , 29 retail investment opportunity listing(s) , and 23 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	47	2,202,955
Retail	29	403,684
Industrial	23	1,085,174
Other	65	1,514,252

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.

Birmingham, 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 Birmingham, AL?

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

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

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

Birmingham, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Birmingham, AL Commercial Real Estate Market Overview

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