On average, listings lease in the $20's per square foot per year. The North Capitol Hill region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 284 listings have been made available, so you'll want to check back regularly for new listings. About 20% of the available space in the North Capitol Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this area were built in 1980 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Capitol Hill folk. 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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