The typical asking rate per listing is in the $10's per square foot per year. The Northside region is seeing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Birmingham market, the Northside submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 37 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this area were built in 1925 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northside folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.