Louisville Office Space

Louisville

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,910
As of: May 21, 2017

Louisville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Louisville region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

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

Louisville Listing Supply

In the last 90 days, 59 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Louisville are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,780 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1885 and are Class B.

Louisville Community

Market Report

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

Market Data

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