Louisville is a major logistics hub anchored by UPS Worldport (the largest air cargo hub in the world), bourbon/food manufacturing, and healthcare. The I-65 industrial corridor has some of the strongest industrial fundamentals in the region.
By Angel Campa, Founder · Updated March 2026
Commercial Space
45M sq ft
Avg Office Rent
$16–$26/sq ft
Vacancy Rate
14%
Avg Lease Term
5–15 years
Louisville industrial leases are predominantly NNN. UPS build-to-suit leases are among the largest in the country. Office is Modified Gross. Bourbon distillery real estate has specialized use and equipment provisions.
Kentucky Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Kentucky →
UPS Worldport operations generate massive build-to-suit and NNN industrial leases with specialized air cargo provisions. Bourbon distillery leases include unique equipment storage, aging warehouse, and production use provisions.
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
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