On average, listings lease in the $40's per square foot per year. The Capitol Park region is going through a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.
In the last 90 days, 11 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 109% of the office spaces in the Capitol Park are subleases, so you might be able to snag a great spot on a short term. 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 2,100 sqft. Most buildings in this region are around 12 stories. Most buildings in this market were built in 1960 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Capitol Park occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.