Most listings are in the $20's per square foot per year. The Central Business District region is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Louisville market, the Central Business District region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 465 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,830 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 1893 and are Class B.
Education is the dominant industry in this market. 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.
Real time and historical data on commercial real estate listings in Central Business District.
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