Retail Space For Lease

2116 2nd Avenue South Birmingham, AL 35233

Birmingham
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Apr 02, 2024

Highlights

  • Newly renovated retail space available featuring exposed brick walls, glass storefront, two single-stall restrooms, and unmetered street parking on 2nd Avenue South
  • One block from 20 Midtown mixed use development and close to UAB Hospital & Campus
  • Over 1,000 apartment units within 0.5 miles
  • Water included in lease rate
  • Daytime Population: 0.25 Mile: 3,063; 0.5 Mile: 44,695; 0.75 Mile: 80,132

Description

Building Size: 6510sq ft
Lot Size: 0 acres

Units for Lease

Suite 2118
Space Available: 1500 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $3000.00

Map of 2116 2nd Avenue South, Birmingham, AL, 35233

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.