On average, listings lease in the $10's per square foot per year. The Louisville submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 18 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,390 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1999 and are Class A.