On average, listings lease in the $50's per square foot per year. The Capitol Park region is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a 83% increase in rent.
In the last 90 days, 11 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 209% of the listings in the Capitol Park 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.
The standard measurement for office space in this area is around 1,740 sqft. Most buildings in this market are close to 12 stories. Most buildings in this region were built in 1960 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Capitol Park occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.