Office for Sale in Louisville, KY

  • Price: $2.9M
  • Listing type: For sale
  • Asset type: Office
  • Location: Louisville, KY 40202
  • Size: 76,551 SF
  • Year built: 2004

Description

Preston Pointe- Partial 5th Floor Remarkable office space now available for lease on the 5th Floor of the iconic Preston Pointe building in downtown Louisville. The floorplan is largely open with a mix of private offices and conference spaces.

Market Context

This office in Louisville, KY is listed for sale at $2,900,000 across 76,551 SF ($38/SF). The building dates to 2004. It has been on the market for 144 days. Compare it against other office listings for sale in Louisville, KY — <a href="/search/sale/office/kentucky/louisville">view the full market</a>.

As of Q4 2022, the Louisville office market showed a 21.6% vacancy rate, and average asking rents near $18.00/SF/yr. Source: Cushman & Wakefield Q4 2022 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Louisville office market tightening or softening?
Vacancy is around 21.6% (Q4 2022).

Unified Estimate

High Confidence

$53.25/SF – $72.05/SF

Mid: $62.65/SF

Total estimate for 76,551 SF: $4,795,920

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

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