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

501 S 4th Street, Louisville, KY 40202

50,227 SF office space connected to Pedway System.

Property Size50,227 SF
Days on Market251

Property Features for 501 S 4th Street

General Information

Standard status Active
Size 50,227 SF
Property subtype Office
Listing Agency: CBRE Inc.
Listed By: Michael Somervell
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:52AM

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.

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

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 Pet Grooming Service Carpet & Flooring Store Clothing & Fashion Store Buffet Locksmith

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

Market

Lease Benchmarks for Louisville, KY

$15.72 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
12,263 SF
Avg Space Size

This space is priced 10% above the average of $15.72 /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
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Frequently Asked Questions

What type of property is this?
Office units - 50,227 SF office space connected to Pedway System.
Where is this office units located?
The property is located at 501 S 4th Street 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.
More about this property
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