On average, listings lease in the $10's per square foot per year. The Louisville submarket is seeing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 40% decrease in rent.
In the last 90 days, 147 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Louisville are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 10,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1999 and are Class A.
Real time and historical data on commercial real estate listings in Louisville.
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