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Most commerial real estate listings for lease are in the $20's per square foot per year. The Louisville region is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $1 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 147 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 2% of the commercial real estate listings in the Louisville 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.
The standard size for office space in this area is around 400 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built around 1999 and are Class A.
Real time and historical data on commercial real estate listings in Louisville.
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