The typical asking rate per listing is in the $20's per square foot per year. The North Capitol Hill submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 24 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,930 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 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 area. Commute by public transit is the most popular way to get to work amongst North Capitol Hill occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.