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Downtown Louisville Leasing Opportunity
For Lease
$12 SF/Yr

431 W Oak St, Louisville, KY 40203

Prime location with parking, highway access, and modern amenities.

Space SizeContact for details
Days on Market170

Property Features for 431 W Oak St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1988
Listing Agency: Fortis Group
Listed By: Matthew Miller
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 22 at 4:50AM

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 Fortis Group

Investment Insights

Based on property information with market context.

This property presents a leasing opportunity in downtown Louisville, KY, offering ample on-site parking, convenient access to major highways, and proximity to public transportation. The location provides access to dining and entertainment options such as 4th Street Live! and the Louisville Slugger Museum & Factory. Cultural attractions including the Kentucky Science Center and the Speed Art Museum are also nearby. The property features modern amenities, customizable office spaces, and flexible lease terms. Professional management and state-of-the-art security are in place.

Key Highlights

  • Prime downtown Louisville location
  • Ample on‑site parking
  • Convenient access to major highways

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Travel Agency (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Acupuncture Fish Market

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

1,383
Businesses Nearby

Demographics for 40203, KY

16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value

Market

Lease Benchmarks for Louisville, KY

$16.2 /SF/Yr
Avg Asking Price
$6.76–$26 /SF/Yr
Price Range
16,951 SF
Avg Space Size

This space is priced 26% below the average of $16.2 /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 - Prime location with parking, highway access, and modern amenities.
Where is this office units located?
The property is located at 431 W Oak St Louisville, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime downtown Louisville location; Ample on‑site parking; Convenient access to major highways
More about this property
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