Central Business District Office Space

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KW Commercial
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635 W Main St - Space Central Business District, Louisville, KY  
Sep 21
3,410
sqft
Office

Central Business District

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
8,170

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the Louisville market, the Central Business District submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Central Business District Listing Supply

In the last 90 days, 465 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Central Business District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 8,170 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 4 floors. Most buildings in this region were built in 1893 and are Class B.

Central Business District Community

Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Business District residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research