The Highlands Sublease

The Highlands

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
7,980
As of: January 17, 2017

The Highlands Rates

Most listings are in the $20's per square foot per year. The The Highlands submarket is going through a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 33% increase in rent.

Compared to the rest of the Louisville market, the The Highlands region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

The Highlands Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1895 and are Class Class B.

The Highlands Community

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 market. Most of the occupants of The Highlands work from home. Commuting around 30 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 The Highlands.
Market Report

Market Data

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