Capitol Hill Office Space For Lease

Capitol Hill

Market Report

Number of Listings For Lease
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
700

Capitol Hill Commercial Real Estate

Find Capitol Hill commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Capitol Hill commercial real estate broker in Capitol Hill's Top Broker Directory. Learn about Capitol Hill commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Capitol Hill Rates

Most commerial real estate listings for lease are in the $30's per square foot per year. The Capitol Hill submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $4 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Capitol Hill region has greater rates for rent, and you may need to pay a premium to be in this hot region.

Capitol Hill Listing Supply

In the last 90 days, 117 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,430 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built around 1923 and are Class B.

Capitol Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Capitol Hill residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Capitol Hill.
Research