Search
Restaurant Space in Midtown Birmingham
For Lease
Contact for pricing

245 20th Street South, Birmingham, AL 35233

Second-generation restaurant space in a mixed-use development.

Property Size6,650 SF
Days on Market147

Property Features for 245 20th Street South

General Information

Standard status Active
Size 6,650 SF
Property subtype Retail
Listing Agency: Southpace Properties
Listed By: Matthew Buckalew · License #000119240
Source: Southpace
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 30 at 5:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southpace Properties

Investment Insights

Based on property information with market context.

Located in downtown Birmingham, this available space is a second-generation restaurant end cap within the 20 Midtown mixed-use development. The space offers approximately 6,650 square feet. Co-tenants include CAVA, Milo’s Hamburgers, Synovus Bank, The Toasted Yolk Café, and Panda Express. Nearby retailers include Chipotle, AT&T, Starbucks, and Publix. The location benefits from an on-site parking ratio of 5:1. Additionally, there are 3,200 apartment units within a 10-minute walk. The property is situated 3 blocks from UAB Hospital, which has 1,207 beds and 24,259 employees, and UAB school with 20,905 students.

Key Highlights

  • High‑traffic location: 3,200 apartment units within a 10‑minute walk, close proximity to UAB Hospital and UAB school.
  • Second‑generation restaurant end cap: Ready for immediate restaurant use, reducing startup costs.
  • Prime location in mixed‑use development: Benefits from synergy with established co‑tenants.

Property Analytics

Current Use

Outback Steakhouse Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,159
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35233, AL

2,588
Population
2,710
Households
1
Avg Household Size
27
Median Age
90%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
1,725
Density / Sq Mi
$52,207
Median Household Income
$48,750
Median Earnings
$1,526
Median Rent
$332,100
Median Home Value

Market

Vacancy Rate% for Retail in Birmingham, AL

8.1% 2019
7.3% 2020
6.4% 2021
5.9% 2022
5% 2023
6% 2024
6.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • B3 Catering — 4744 Avenue S, Birmingham, AL 35208

Frequently Asked Questions

What type of property is this?
Restaurant - Second-generation restaurant space in a mixed-use development.
Where is this restaurant located?
The property is located at 245 20th Street South Birmingham, AL.
What are key features of this property?
This property features: High‑traffic location: 3,200 apartment units within a 10‑minute walk, close proximity to UAB Hospital and UAB school.; Second‑generation restaurant end cap: Ready for immediate restaurant use, reducing startup costs.; Prime location in mixed‑use development: Benefits from synergy with established co‑tenants.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message