On average, listings lease in the $20's per square foot per year. The St. Matthews submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 52% rise in rent.
In the last 90 days, 7 listings have been listed, which means spaces might be going fast. 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.
Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 0 and are Class B.