2024 Office Space Rent & Sales
- $16.60 2024 Avg. Asking Rent
- 2.95% Y-o-Y Avg. Asking Rent Change
- 8.79% 2024 Office Vacancy Rate
Mobile office price per square foot in 2024 was $16.60 on average. This marked a +2.95% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 8.79% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Alabama Class A & A+ Office Space$23.07
- Alabama Class B Office Space$21.05
- Alabama Class C Office Space$17.64
Mobile, AL Office Asking Rents by Class
2024 Office Vacancy Rates in Mobile
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| West Mobile | $16.86 | 6.43% |
| Midtown | $15.90 | 17.68% |
Office Spaces for Rent in Alabama
Coworking Spaces in Alabama
- Atlanta Coworking Space
- Miami Coworking Space
- Nashville Coworking Space
- Charlotte Coworking Space
- Jacksonville Coworking Space
- Tampa Coworking Space
- Raleigh Coworking Space
- Orlando Coworking Space
- Boca Raton Coworking Space
- Fort Lauderdale Coworking Space
- Durham Coworking Space
- New Orleans Coworking Space
- West Palm Beach Coworking Space
- Louisville Coworking Space
- Memphis Coworking Space
- Alpharetta Coworking Space
- Asheville Coworking Space
- Miami Beach Coworking Space
- Knoxville Coworking Space
- Chattanooga Coworking Space
- Chapel Hill Coworking Space
2024 Office Construction in Mobile, AL
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1916 Airport Blvd-Jimmy Buffet Recording Studio Property | 1916 Airport Blvd, 36606 | 3,696 | 2014 |
| 1045 Downtowner Blvd | 1045 Downtowner Blvd, 36609 | 20,572 | 2010 |
| Two-Story Building w/Beautiful Gulf Views | 625 16th Street, 39507 | 7,616 | 2008 |
| 4519 Cypress Business Park Drive | 4519 Cypress Business Park Dr, 36619 | 2,400 | 2004 |
| Hillcrest Office Building | 1132 Hillcrest Rd, 36695 | 3,000 | 2002 |
| 6660 Wall St | 6660 Wall St, 36695 | 4,000 | 2000 |
| 1605 Hillcrest Road | 1605 Hillcrest Road, 36609 | 5,056 | 1997 |
| 6420 Wall St | 6420 Wall St, 36695 | 14,862 | 1993 |
| 1111 Hillcrest Rd | 1111 Hillcrest Rd, 36609 | 22,500 | 1990 |
| 3213 Executive Park Cir | 3213 Executive Park Cir, 36606 | 7,285 | 1989 |
Worth noting among recent office completions on the Mobile market is 1916 Airport Blvd-Jimmy Buffet Recording Studio Property, which is currently the largest new office development in the city, at 3,696 square feet.
See reports for other markets
- Birmingham Office Rent Price
- Huntsville Office Rent Price
- Hoover Office Rent Price
- Los Angeles Office Rent Price
- Dallas Office Rent Price
- San Antonio Office Rent Price
- Denver Office Rent Price
- San Diego Office Rent Price
- Atlanta Office Rent Price
- Phoenix Office Rent Price
- Washington Office Rent Price
- Manhattan Office Rent Price
- Houston Office Rent Price
- San Francisco Office Rent Price
- Seattle Office Rent Price
- Austin 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Mobile 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.