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Office Units with Elevators
For Lease
$20 SF/Yr

5141 Dixie Hwy, Louisville, KY 40216

Flexible suite layouts can accommodate smaller offices or larger professional spaces.

Space Size200 SF - 2,000 SF
Days on Market16

Property Features for 5141 Dixie Hwy

General Information

Standard status Active
Size 200 SF - 2,000 SF
Net Rentable 200 SF
Total Parking Spaces 100
Elevators Yes
Property subtype Office
Zoning C1
Lease Type Gross

Space & Availability

Available Space 200-2,000 SF
Divisible Yes
Space Use Office

Site & Location

Neighborhood Kenwood
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

common bathroom
conference area
common break room
Power
Water
Sewer
Natural Gas
Vacant
100 Parking Spaces

Building Details

Year Built 1960
Tenancy Multi-Tenant

Spaces For Lease

at 5141 Dixie Hwy Contact us

Available Space $20/Mo

Contact us

Available Space $23/Mo

Contact us
Listing Agency: Genesis Realty LLC
Listed By: Heather Allen · License #203656
Source: Kcrea.resimplifi
Added: Oct 12 Changed: Oct 26 Last Checked: Oct 26 at 3:47PM

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 Genesis Realty LLC

Rey
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Investment Insights

Based on property information with market context.

Two office buildings at 5141 Dixie Hwy offer multiple suites, with existing spaces ranging from 1,000 to 2,000 square feet. The owner can reconfigure a first-floor suite into offices of 200 to 300 square feet, with shared access to a bathroom, conference area, and break room. Elevators serve the upper floors in both buildings, and the property includes more than 100 parking spaces.

The buildings sit at the signal-controlled intersection of Dixie Hwy and Meyers Lane in Louisville. Zoning is C-1. The property was built in 1960.

Utility arrangements vary by building: utilities are included for space in 5135 Dixie, while tenants at 5141 Dixie pay utilities except for trash. The owner handles common-area upkeep, dumpster fees, and snow removal at both buildings.

Key Highlights

  • Two office buildings with multiple suites
  • Existing spaces range from 1,000 to 2,000 square feet; first‑floor options can be built out at 200 to 300 square feet
  • More than 100 parking spaces

Property Analytics

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

Current Use

Dowden, Lewis E ... Dental Office Steven Florence DMD Dental Office Michal Rose Dental Office Riechle Ali Dental Office Affinity Dental Dental Office

Suggested Use

Top Pick Law Firm Electrical Service Real Estate Agency Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 40216, KY

43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
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 20% 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 - Flexible suite layouts can accommodate smaller offices or larger professional spaces.
Where is this office unit located?
The property is located at 5141 Dixie Hwy Louisville, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two office buildings with multiple suites; Existing spaces range from 1,000 to 2,000 square feet; first‑floor options can be built out at 200 to 300 square feet; More than 100 parking spaces
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