Compared to the rest of the Louisville market, the The Highlands region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 5 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the listings in the The Highlands are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1895 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the occupants of The Highlands work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.