Capitol Hill Industrial

We couldn't find any industrial spaces for Lease and Sublease

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,000
As of: March 12, 2017

Capitol Hill Rates

Most listings are in the $20's per square foot per year. The Capitol Hill submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Salt Lake City market, the Capitol Hill region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Capitol Hill Listing Supply

In the last 90 days, 0 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Capitol Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this area were built in 1984 and are Class B.

Capitol Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Capitol Hill residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Capitol Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Capitol Hill.
Research