On average, listings lease in the $0's per square foot per year. The Hospital Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 6 listings have come on the market, which means new listings most likley are going fast. 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.
The standard measurement for office space in this area is around sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1910 and are Class B.
Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Hospital Hill folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.