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Downtown Office Space For Rent
For Lease
$17.25 SF/Yr Modified Gross

501 S 4th St, Louisville, KY 40202

50,227 SF office space connected to Pedway System.

Space SizeContact for details
Days on Market4287

Property Features for 501 S 4th St

General Information

Standard status Active
Property subtype Office
Zoning C3-O
Lease Type Modified Gross

Site & Location

Neighborhood Central Business District

Amenities

Power
Water
Sewer

Spaces For Lease

at 501 S 4th St
Available Space $17.25/Mo
Contact us
Listing Agency: CBRE Inc.
Listed By: Michael Somervell
Source: Kcrea.resimplifi
Added: Feb 5, 2015 Changed: Oct 28 Last Checked: Oct 30 at 10:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Inc.

Rey
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Investment Insights

Based on property information with market context.

Available for rent is 50,227 square feet of office space located on the second floor. The property is situated at the corner of 4th Street and Muhammad Ali Boulevard and is connected to the Pedway System. It is adjacent to 4th Street Live!, Louisville's entertainment district and is part of the New Embassy Suites Hotel.

Key Highlights

  • 50,227 SF of office space available.
  • Connected to Pedway System.
  • Adjacent to 4th Street Live!, Louisville's entertainment district.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dunn Electric Electrical Service Embassy Suites by ... Hotel & Motel The Dinner Detective Murder ... Restaurant louisville circuit court Hotel & Motel LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Carpet & Flooring Store Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,060
Businesses Nearby

Demographics for 40202, KY

7,179
Population
4,242
Households
1.7
Avg Household Size
39
Median Age
27%
College-Educated
83%
High-School Grad
1.6 sq mi
ZIP Area
4,487
Density / Sq Mi
$29,382
Median Household Income
$33,205
Median Earnings
$881
Median Rent
$340,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Louisville, KY

$16.63 /SF/Yr
Avg Asking Price
$1.03–$150 /SF/Yr
Price Range
44,600 SF
Avg Space Size

This space is priced 4% above the average of $16.63 /SF/Yr.

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - 50,227 SF office space connected to Pedway System.
Where is this office unit located?
The property is located at 501 S 4th St Louisville, KY.
What is the lease rate?
The lease rate is $17.25 SF/Yr.
What are key features of this property?
This property features: 50,227 SF of office space available.; Connected to Pedway System.; Adjacent to 4th Street Live!, Louisville's entertainment district.
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