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Serviced Office and Coworking Center
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505 20th Street North, Birmingham, AL 35203

Flexible furnished office options and coworking memberships are available, with meeting rooms and virtual office services.

Days on Market97

Property Features for 505 20th Street North

General Information

Standard status Active
Property subtype Office

Additional Details

Furnished Yes

Building Details

Year Built 2026
Listing Agency: Regus
Listed By: Regus US Admin · License #CA
Source: Crexi
Added: Apr 25 Changed: Jul 23 Last Checked: Jul 24 at 5:24PM

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 Regus

Investment Insights

Based on property information with market context.

At Spaces AL, Birmingham, this center offers private serviced office space and coworking options, with offices that are fully furnished and equipped. Membership choices range from dedicated desk or hot-desk coworking through flexible access to support different workstyles.

In addition to office and coworking space, the property includes meeting rooms for pitches, interviews, or workshops. Virtual office services are also available, including a professional business address plus mail forwarding and call answering services.

Flexible access models are offered “as and when you need it,” with options described as ranging from serviced to custom office spaces and day offices. All images shown may represent other locations within the Spaces network and may not correspond to this specific center.

Key Highlights

  • Year built: 2026
  • Private fully furnished and equipped office options for individuals or entire companies
  • Coworking available with dedicated desks, drop‑in, and hot‑desk membership options

Property Analytics

Current Use

Rush Initiative High School AQ2 Technologies (Bike/Boat/Book/etc) Store Gordon Rees Scully ... Law Firm Sides Terry A Law Firm Ken Perry Law ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Tanning Salon Veterinary Clinic Acupuncture

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
$1.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,864
Businesses Nearby

Demographics for 35203, AL

3,595
Population
2,114
Households
1.7
Avg Household Size
37
Median Age
41%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
1,712
Density / Sq Mi
$46,829
Median Household Income
$51,183
Median Earnings
$954
Median Rent
$288,600
Median Home Value

Market

Lease Benchmarks for Birmingham, AL

$117 /SF/Yr
Avg Asking Price
$0.8–$141 /SF/Yr
Price Range
1,482 SF
Avg Space Size

This space is priced 94% below the average of $117 /SF/Yr.

Vacancy Rate% for Office in Birmingham, AL

16.6% 2019
16.9% 2020
18% 2021
19.6% 2022
19% 2023
20.2% 2024
19.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Coworking space - Flexible furnished office options and coworking memberships are available, with meeting rooms and virtual office services.
Where is this coworking space located?
The property is located at 505 20th Street North Birmingham, AL.
What is the lease rate?
The lease rate is $7.20 SF/Yr.
What are key features of this property?
This property features: Year built: 2026; Private fully furnished and equipped office options for individuals or entire companies; Coworking available with dedicated desks, drop‑in, and hot‑desk membership options
More about this property
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