The typical asking rate per listing is in the $20's per square foot per year. The St. Matthews submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 173 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the St. Matthews are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,630 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 0 and are Class B.
Real time and historical data on commercial real estate listings in St. Matthews.
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