On average, listings lease in the $30's per square foot per year. The North Capitol Hill region is experiencing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 284 listings have come on the market, so you'll want to check back regularly for new listings. About 15% of the available space in the North Capitol Hill are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,260 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 12 floors. Most buildings in this area were built in 1980 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Capitol Hill residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in North Capitol Hill.
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