Rare sublease opportunity at 201 London Parkway | ±9,568 SF Lab Space
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market indianapolis (similarity: 100%) with 10 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $1.41/SF/mo | — | peer_city_transfer |
| Utilities | — | 4.0¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1360/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 10 | — | real-time | indianapolis (100%) |
Description
Office | For Sublease: 9,568 SF This rare sublease opportunity at 201 London Parkway, Suite 300 offers ±9,568 SF of fully conditioned office/flex space ideally suited for laboratory or specialized technical operations. Locate Key Facts Lease expiration: October 31, 2031
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
201 London Pkwy, Birmingham, AL 35211, USA, Birmingham, AL 35211
Market Context
As of Q1 2026, the Birmingham office market showed a 15.8% vacancy rate, average asking rents near $16.00/SF/yr, and rents up 16.6% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Projected current pricing
indicative confidenceModeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Birmingham office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent trend-adjusted to today).
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Compare it against other office listings for lease in Birmingham, AL to benchmark pricing and space — view the full market.
Office market FAQ
- Is the Birmingham office market tightening or softening?
- Vacancy is around 15.8%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market indianapolis (similarity: 100%) with 10 comparable listings.
Lease Rate & Market Trend
Market report quarterly trend fallback
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: office in Birmingham, AL
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Contact Broker
Listed by
Colliers Import