On average, listings lease in the $20's per square foot per year. The Southside region is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Birmingham market, the Southside region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1951 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Southside residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southside.
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