Southside Sublease

Southside

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,000
As of: June 26, 2017

Southside Rates

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.

Southside Listing Supply

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.

Southside Community

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.

Market Report

Trends and status of the commercial real estate market in Southside.
Market Report

Market Data

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