Rare sublease opportunity at 201 London Parkway |… — Lease in Birmingham, AL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Birmingham, AL 35211

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

Market Context

This office in Birmingham, AL is listed for lease. It has been on the market for 175 days. Compare it against other office listings for lease in Birmingham, AL — view the full market.

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.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

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).

Estimated Market Rate

$1.28/SF/mo – $1.73/SF/mo

Mid: $1.50/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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