South Side Sublease

South Side

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

South Side Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Side region is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 15% increase in rent.

South Side Listing Supply

In the last 90 days, 4 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the South Side are subleases, so you might be able to snag a great spot on a short term. 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 4,020 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 0 and are Class Class B.

South Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst South Side occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Louisville/Jefferson County metro government (balance) Submarkets