Central City Medical Space For Lease

Central City

Market Report

Number of Listings For Lease
Posted in the last 90 days
41
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
130

Central City Commercial Real Estate

Find Central City commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Central City commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Central City Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Central City region is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $2 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Birmingham commercial real estate market, the Central City region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.

Central City Listing Supply

In the last 90 days, 458 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 130 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built close to 1924 and are Class B.

Central City Community

This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Central City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central City.
Research