Building Details

Building Size 5,100 SF

Year Built 2023

Listing Agency: HAMNER REAL ESTATE

Listed By: Robert Shaw Show Phone

Source: Rightspacecre

Added: Feb 1 Changed: Oct 31 Last Checked: Oct 31 at 3:14AM

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Investment Insights

Based on property information with market context.

Office units at 1460-C Northbank Parkway provide 5,100 square feet in a building constructed in 2023. The property is part of the Northbank development, with access to North Tuscaloosa, the University of Alabama, and downtown Tuscaloosa.

Key Highlights

• 5,100 square feet of office space
• Built in 2023
• Located in the Northbank development

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)

Lease Type

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 35406, AL

16,664

Population

8,291

Households

2

Avg Household Size

40

Median Age

68%

College-Educated

97%

High-School Grad

80.9 sq mi

ZIP Area

206

Density / Sq Mi

$118,736

Median Household Income

$68,810

Median Earnings

$1,352

Median Rent

$467,000

Median Home Value

Market

Lease Benchmarks for Tuscaloosa, AL

$20.72 /SF/Yr

Avg Asking Price

$8.46–$35 /SF/Yr

Price Range

2,528 SF

Avg Space Size

This space is priced 45% above the average of $20.72 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - A 2023 office property offers space within the Northbank development.

Where is this office unit located?

The property is located at 1460-C Northbank Parkway Tuscaloosa, AL.

What is the lease rate?

The lease rate is $12,750/Mo.

What are key features of this property?

This property features: 5,100 square feet of office space; Built in 2023; Located in the Northbank development