Forest Park & Highland Park Office Space for Rent

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Renting Office Space in Forest Park & Highland Park

These historic "Blue Chip" neighborhoods are currently seeing the city's most aggressive year-over-year price increases, with Highland Park recently recording a staggering 44% surge in median sales price (Source: Ark7 2025/2026 Data). They remain the premier destination for affluent professionals who prioritize historic architecture and proximity to the downtown professional hub. 2026 marks the year of "Luxury Stability." While other markets face volatility, Forest Park is benefiting from its scarcity of inventory and high demand for renovated "legacy" estates. Investors view these neighborhoods as the safest capital preservation play in Alabama, bolstered by the high concentration of high-income, long-term tenants (Source: Ark7).

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Popular Office Space in the Forest Park & Highland Park Neighborhood

7th Avenue North

5,000 SF

$3,800 /mo

General

Concord Center

2,445 – 18,454 SF

$4,800 – $38,400 /mo

General Restaurant

One Federal Place

2,580 – 6,957 SF

$6,400 – $15,700 /mo

General

3rd Ave N

3,000 – 6,500 SF

$6,000 – $9,800 /mo

1st Ave N

2,500 SF

$5,000 /mo

Highland Ave

1,400 – 2,586 SF

$2,300 – $4,300 /mo

General

1st Ave

4,165 – 8,800 SF

$6,100 – $12,800 /mo

General

5th Ave

9,975 SF

$5,400 /mo

Flex Warehouse

24th St

1,925 SF

$3,600 /mo

Creative

3rd Ave

3,500 – 7,000 SF

$6,900 – $13,700 /mo

General

4th Avenue South

6,000 SF

$5,000 /mo

General

1st Avenue North

2,205 SF

$3,300 /mo

General

Shipt Tower

3,342 – 17,425 SF

$6,800 – $35,600 /mo

General

29th Street South

3,500 SF

$3,500 /mo

General Storefront

Railroad Square

456 – 6,900 SF

$2,700 – $12,600 /mo

General

Suite Rates in Forest Park & Highland Park

Suite Sizes in Forest Park & Highland Park

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Airport Area	3,800	$1.01 / SF	< 30
Eastwood	-	-	< 30
Five Points South	3,200	$1.78 / SF	179
Grand River Outlets	-	-	< 30
Hoover	1,600	$1.40 / SF	186
Lake Purdy	1,000	$1.29 / SF	65
Midfield	10,000	-	< 30
Riverchase Galleria	3,000	$1.87 / SF	39
Southside	2,300	$1.87 / SF	208
Tarrant	4,000	$0.92 / SF	< 30

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.