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Office Units with Flexible Suites
For Lease
$12 SF/Yr Modified Gross

1700 Ups Dr, Louisville, KY 40223

Four office condominium units offer first- and second-floor configurations with private offices and shared support areas.

Space Size1,024 SF - 2,196 SF
Days on Market287

Property Features for 1700 Ups Dr

General Information

Standard status Active
Size 1,024 SF - 2,196 SF
Net Rentable 1,024 SF
Property subtype Office
Zoning PRO
Lease Type Modified Gross

Space & Availability

Available Space 1,024-2,196 SF
Space Use Office

Building Details

Year Built 1998

Spaces For Lease

at 1700 Ups Dr Contact us

Available Space $12/Mo

Contact us
Listing Agency: Colliers
Listed By: Jonathan Fairfield · License #246944
Source: Kcrea.resimplifi
Added: Nov 15, 2025 Changed: Aug 28 Last Checked: Aug 28 at 6:51AM

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 Colliers

Investment Insights

Based on property information with market context.

This office condominium offering includes four separate units within a 1998-built property, with spaces ranging from 1,024 square feet to 2,196 square feet. The layout includes two units on the first floor and two on the second floor, with the units available in individual or combined configurations. Suite 204/205 contains 2,196 SF on the second floor, with four offices, a waiting/conference room, a 20' x 30' flex/workstation room, bathroom, and kitchen. Suite 206/207 provides 2,146 SF on the second floor with six offices, a bathroom, and wet bar.

The property is positioned between La Grange Rd. and N. Hurstbourne Pkwy. in Louisville, providing a central setting for office users. Floorplans are available to review the individual configurations and layouts.

Key Highlights

  • Four separate office condo units
  • Unit sizes range from 1,024 square feet to 2,196 square feet
  • Two first‑floor units and two second‑floor units

Property Analytics

Current Use

Johnson Todd M Physician Redemption Solar and Roofing Roofing Company Whitney E Irwin ... Physician Redemption Roofing and Construction ... Construction Company Dr. Whitney Sims Physician

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Spa & Massage Center Auto Parts Store Hair Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby

Demographics for 40223, KY

23,227
Population
10,387
Households
2.2
Avg Household Size
42
Median Age
58%
College-Educated
97%
High-School Grad
12.1 sq mi
ZIP Area
1,920
Density / Sq Mi
$97,033
Median Household Income
$60,744
Median Earnings
$1,431
Median Rent
$343,600
Median Home Value

Market

Lease Benchmarks for Louisville, KY

$15.74 /SF/Yr
Avg Asking Price
$6.76–$26 /SF/Yr
Price Range
17,144 SF
Avg Space Size

This space is priced 24% below the average of $15.74 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four office condominium units offer first- and second-floor configurations with private offices and shared support areas.
Where is this office units located?
The property is located at 1700 Ups Dr Louisville, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Four separate office condo units; Unit sizes range from 1,024 square feet to 2,196 square feet; Two first‑floor units and two second‑floor units
More about this property
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