The Highlands Office Space

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KW Commercial
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help you go see this space.
1230 Bardstown Rd - 2 Spaces Tyler Park, Louisville, KY vaulted ceilings
Sep 02
880 - 2,880
sqft
Office Mixed Use

The Highlands

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,590

The Highlands Rates

Most listings are in the $20's per square foot per year. The The Highlands submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Louisville market, the The Highlands submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

The Highlands Listing Supply

In the last 90 days, 140 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the The Highlands 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,590 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1900 and are Class B.

The Highlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the occupants of The Highlands work from home. Commuting close to 30 minutes 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 The Highlands.
Research