Central Louisville Industrial

Central Louisville

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
7,260
As of: May 25, 2017

Central Louisville Rates

On average, listings lease in the $20's per square foot per year. The Central Louisville region is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Louisville market, the Central Louisville region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Central Louisville Listing Supply

In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the Central 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,260 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1890 and are Class B.

Central Louisville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Louisville folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Louisville.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Louisville.
Research