Most listings are in the $60's per square foot per year. The Capitol Hill region is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 6 listings have been posted online, which means spaces 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,559 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 8 floors. Most buildings in this market were built in 1915 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Capitol Hill occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.