Commercial Real Estate for Rent in Birmingham, AL
Browse Office, Industrial, Warehouse, Retail, Coworking & Medical space across every Birmingham submarket and connect with local brokers.
100+
Active listings for lease
$21/SF
Office median asking rent
$9/SF
Industrial median asking rent
$18/SF
Retail median asking rent
All
Office
Retail
Industrial
Medical
View all 100+ Birmingham listings → → /birmingham/page/2
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Neighborhoods and Submarkets
All submarkets →Market Intelligence
The data behind the market: asset-class rents, live tenant demand, and quarterly reports.
Birmingham's commercial market is stabilizing in 2026, supported by healthcare expansion, population stability and regional logistics demand. Office vacancy sits near 16.6% with median asking rents around $21/SF; industrial holds near $9/SF; retail is balanced at ~6.1% vacancy and $18/SF. Across active TenantBase tenant searches over the last 90 days, retail/storefront leads at 55.93%, followed by office (24.86%) and warehouse (19.21%).
Source: TenantBase Birmingham Q1 2026 Market Report.
By Asset Class
Q1 2026| Asset class | Tenant demand share | Median asking rent | Vacancy | Typical term |
|---|---|---|---|---|
| Retail / Storefront | 55.93% | $18 /SF/yr | ~6.1% | 2–3 yrs |
| Office | 24.86% | $21 /SF/yr | ~16.6% | <1 yr (flex) |
| Industrial / Warehouse | 19.21% | $9 /SF/yr | Low | 2–3 yrs |
Live tenant demand: what businesses are searching for
Full demand page →Retail 55.93%Office 24.86%Warehouse 19.21%
Market Reports
All reports →Latest · Q1 2026
Birmingham CRE Market Report
- Office vacancy ~16.6%; median ~$21/SF
- Industrial ~$9/SF; Retail ~6.1% vacancy, ~$18/SF
- Demand: Retail 55.93% · Office 24.86% · Warehouse 19.21%
Previous · Q4 2025
Birmingham CRE Market Report
- 140 active tenant deals; Retail 50% · Warehouse 26.43%
- Office vacancy ~14.8% (Class A 11.2%)
- Industrial vacancy 4.2%; ~$6.25/SF NNN
Common Questions about Birmingham Commercial Space
How much does office space cost in Birmingham, AL?
Office asking rents average about $21/SF/yr full-service as of Q1 2026, with Class A near $25/SF. Overall office vacancy is roughly 16.6%, though limited new construction is stabilizing top-tier availability.
How much do retail, warehouse, and industrial space cost in Birmingham?
Retail/storefront runs a median around $18/SF/yr with tight ~6.1% vacancy, and industrial/warehouse space averages about $9/SF/yr. Industrial sale prices range from $40–$77/SF depending on quality and location.
What type of commercial space is most in demand in Birmingham?
Across active TenantBase searches over the last 90 days, retail/storefront leads at 55.93%, followed by office (24.86%) and warehouse (19.21%). Retail and industrial demand currently outpaces available supply.
What are the main commercial submarkets in Birmingham?
The most active are Downtown/CBD, Southside/Five Points South, Avondale, Forest Park & Highland Park, and Homewood, plus Hoover and Riverchase, the US-280 corridor, and the I-20/59 industrial belt near the airport.
How do I lease commercial space in Birmingham?
Browse Birmingham listings by space type, size, and neighborhood, then create a free account to unlock full details and get matched with a local broker. Your broker helps you tour your shortlist and negotiate the lease. Most tenants go from search to signed lease in a few weeks to a few months.
What is TenantBase?
TenantBase is a technology platform built for commercial tenants. It pairs a searchable, broker-sourced database of office, retail, industrial, warehouse, coworking, and medical space with a network of local tenant-rep brokers who help you find, tour, and lease space, at no cost to the tenant.
How does TenantBase work?
You browse available space in your market, get matched with a local TenantBase broker, tour the spaces that fit, and get expert support through negotiation and signing. In short: Search → Partner → Tour → Sign, and it's free to tenants.
Is TenantBase free, and how does it make money?
Yes. TenantBase is free for tenants. Brokers in the network are paid through the standard leasing commission that landlords already pay, so you get local representation and negotiation help at no cost.
Do I need a broker to lease space in Birmingham?
You're not required to, but a tenant-rep broker represents your interests, not the landlord's, and typically costs you nothing. TenantBase matches you with a local broker who knows Birmingham and handles tours, comparisons, and negotiation for you.
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Data disclaimer (placeholder): Listing and market data on TenantBase is compiled from the local brokerage community and TenantBase's proprietary tenant activity. Figures are for informational purposes and should be independently verified before any lease or purchase decision.