On average, listings lease in the $20's per square foot per year. The Louisville submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Louisville market, the Louisville region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1071 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Louisville are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1895 and are Class B.
Real time and historical data on commercial real estate listings in Louisville.
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