On average, listings lease in the $20's per square foot per year. The North Capitol Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 30 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 97% of the listings in the North Capitol Hill 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.
Even though the median size is 3,090 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 12 stories. Most buildings in this area were built in 1973 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 region. 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.