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 went up $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 depreciated submarket.
In the last 90 days, 3 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1950 and are Class B.
A large portion of this area 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 approximately 15 minutes a day is the norm for those who opt to reside in this part of town.