The typical asking rate per listing is in the $10's per square foot per year. The St. Matthews submarket is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 26% decrease in rent.
In the last 90 days, 15 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,160 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 0 and are Class B.