Northside Office Space

2008 3rd Ave N - Space Central City, Birmingham, AL  
May 18
3,800
sqft
Office Medical Retail

Northside

Market Report

Number of Listings
Posted in the last 90 days
42
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,620

Northside Rates

Most listings are in the $20's per square foot per year. The Northside submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 33% increase in rent.

Compared to the rest of the Birmingham market, the Northside region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Northside Listing Supply

In the last 90 days, 534 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Northside are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1924 and are Class B.

Northside Community

A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Northside residents. Commuting around 20 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 Northside.
Research