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 decreased $14 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 30 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,470 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 12 floors. Most buildings in this market were built in 1980 and are Class B.
A large portion of this market 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 folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.