Capital District Commercial Real Estate

Capital District

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
700

Capital District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Capital District region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 23% decline in rent.

Capital District Listing Supply

In the last 90 days, 43 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Capital District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 700 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1926 and are Class B.

Capital District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Capital District residents. Commuting close to 15 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 Capital District.
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