Central Louisville Office Space

Central Louisville

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,540
As of: February 24, 2017

Central Louisville Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Louisville submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

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

Central Louisville Listing Supply

In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Central Louisville are subleases, so you will probably have to focus your search on direct office leases. 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 4,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1880 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 area. 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