The typical asking rate per listing is in the $30's per square foot per year. The Louisville submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 58% rise in rent.
In the last 90 days, 22 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Louisville are subleases, so you might be able to find a shorter term or below market rent. 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 5,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1999 and are Class A.