Most listings are in the $20's per square foot per year. The The Highlands submarket is going through a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.
Compared to the rest of the Louisville market, the The Highlands region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the office spaces in the The Highlands are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,190 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1900 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of The Highlands work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.