The typical asking rate per listing is in the $20's per square foot per year. The Southside submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the Birmingham market, the Southside region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 733% of the listings in the Southside are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1951 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southside residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.