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Remodeled Upper-Level Office Suite
For Lease
$12 SF/Yr Modified Gross

1501 Durrett Ln, Louisville, KY 40213

Office space with a tenant build-out option in a centrally positioned Louisville commercial property.

Space SizeContact for details
Days on Market267
Rey
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Property Features for 1501 Durrett Ln

General Information

Standard status Active
Property subtype Office
Zoning OR3
Lease Type Modified Gross

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Office

Amenities

Vacant

Building Details

Year Built 1990

Spaces For Lease

at 1501 Durrett Ln
Available Space $12/Mo
Contact us
Listing Agency: Grisanti Group Commercial Real Estate
Listed By: Joe Grisanti · License #286693
Source: Kcrea.resimplifi
Added: Jan 21 Changed: Sep 30 Last Checked: Oct 14 at 7:46PM

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 Grisanti Group Commercial Real Estate

Investment Insights

Based on property information with market context.

Suite 200 provides 1,409 square feet of upper-level office space within a 1990 commercial building that has undergone recent remodeling. The owner has renovated its office and the lower floor, and may complete a comparable build-out for a new tenant if desired. The property is zoned OR3 and offers a practical office setting for users seeking a dedicated suite.

Located at 1501 Durrett Lane in Louisville, the property is minutes from Louisville Muhammad Ali International Airport. Immediate access to Poplar Level Road and the Watterson Expressway (I-264) supports convenient travel throughout the city.

Key Highlights

  • 1,409 SF upper‑level office suite
  • Suite 200 in a recently remodeled building
  • Comparable tenant build‑out may be completed if desired

Property Analytics

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Current Use

Louisville Chapter NECA Association Or Organization The National Electrical Contractors ... Association / Organization Howes & Paige Law Firm

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Daycare Center Dental Office Law Firm Skin Care Clinic

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 40213, KY

16,698
Population
7,730
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
1,739
Density / Sq Mi
$60,734
Median Household Income
$38,595
Median Earnings
$952
Median Rent
$169,000
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

$16.4 /SF/Yr
Avg Asking Price
$1.03–$150 /SF/Yr
Price Range
45,829 SF
Avg Space Size

This space is priced 27% below the average of $16.4 /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 units - Office space with a tenant build-out option in a centrally positioned Louisville commercial property.
Where is this office units located?
The property is located at 1501 Durrett Ln Louisville, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,409 SF upper‑level office suite; Suite 200 in a recently remodeled building; Comparable tenant build‑out may be completed if desired
More about this property
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