Most listings are in the $20's per square foot per year. The Louisville submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Louisville market, the Louisville submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1071 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,430 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1895 and are Class B.
Real time and historical data on commercial real estate listings in Louisville.
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