INDUSTRIAL SPACE FOR LEASE IN LOUISVILLE

Why implement your industrial space in Louisville? 

Louisville, Kentucky, presents a robust market for industrial space for lease, catering to the diverse needs of businesses. With its strategic location and excellent transportation infrastructure, the city offers a range of options for industries such as warehousing, manufacturing, and distribution. Whether it's a small startup or a large corporation, Louisville provides ample opportunities to find the perfect industrial space. 

The city boasts modern warehouses equipped with state-of-the-art amenities and expansive floor plans, ideal for businesses requiring ample storage and operational flexibility. Additionally, Louisville's industrial parks offer a collaborative environment, attracting businesses seeking synergy and networking opportunities. With competitive lease rates and a supportive business ecosystem, Louisville is an attractive destination for companies looking to establish or expand their industrial operations.

How much does it cost to rent an industrial space in Louisville?

The cost of renting an industrial space in Louisville can vary depending on several factors, including the location, size, condition, amenities, and lease terms. Industrial rental prices are typically quoted on a per-square-foot basis annually. In Louisville, the rental rates for industrial spaces can range from approximately $4 to $10 per square foot per year, depending on the specific property and its features. Factors such as the type of industrial space (e.g., warehouse, manufacturing facility), its proximity to transportation routes and amenities, and the demand for industrial properties in the area can influence the rental costs.

To read: our Louisville MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Louisville?

The rental trends and potential increases in industrial space rents in Louisville can be influenced by a variety of factors, including the overall economic climate, supply and demand dynamics, investment trends, and local market conditions. These factors can fluctuate over time and can vary from one location to another within the city.

Popular neighborhoods in Louisville

Louisville, Kentucky, offers several popular neighborhoods where you can lease industrial space. Here are some of the well-known areas in Louisville for leasing industrial space: 

• Butchertown: Located just east of downtown, Butchertown offers a mix of industrial and residential spaces. It has become a popular destination for businesses in industries such as manufacturing, logistics, and food production.
• Germantown: Known for its historic charm, Germantown is an emerging neighborhood with a growing presence of industrial spaces. It attracts businesses in sectors like arts, crafts, brewing, and small-scale manufacturing.
• Portland: Situated along the Ohio River, Portland has a rich industrial history. It offers a variety of industrial spaces, including warehouses and manufacturing facilities. The neighborhood has seen recent revitalization efforts, making it an attractive location for businesses.
• South Louisville/Airport Area: This area, located near the Louisville International Airport, is a hub for logistics and distribution businesses. It provides convenient access to major highways and transportation infrastructure.
• East End: The East End of Louisville is known for its suburban setting and industrial parks. It offers a range of industrial spaces, particularly for businesses focused on light manufacturing, technology, and distribution.
• Park Hill: Park Hill is another neighborhood with a long industrial history. It has a mix of industrial spaces suitable for various businesses, including warehousing, manufacturing, and automotive services.

Getting to and from Louisville

Louisville, Kentucky, is well-connected and accessible through various transportation options. Here are the primary means of getting to and from Louisville:

• Air Travel: Louisville is served by the Louisville Muhammad Ali International Airport (SDF), which offers domestic and limited international flights. The airport is located approximately 10 miles south of downtown Louisville, and travelers can reach the city center by taxi, rideshare services, or rental cars available at the airport.
• Roadways: Louisville is situated at the intersection of several major highways, making it easily accessible by car. Interstate 64 and Interstate 65 pass through the city, connecting Louisville to other major cities in the region. Additionally, Interstate 71 and Interstate 264 provide convenient access to different parts of the city.
• Public Transportation: Louisville has a public transportation system called TARC (Transit Authority of River City), which operates buses throughout the city and surrounding areas. TARC buses provide an affordable means of transportation for getting around Louisville.
• Train Travel: Amtrak, the national passenger rail service, operates the Cardinal line, which connects Louisville to Chicago, Indianapolis, Cincinnati, and other cities. The Louisville Union Station serves as the city's train station, located downtown.