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)
10
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,220
As of: June 28, 2017

Capitol Hill Rates

On average, listings lease in the $40's per square foot per year. The Capitol Hill submarket is going through a a boost in rates. In the last 3 months, the median rate rose $45 per sqft per year.

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

Capitol Hill Listing Supply

In the last 90 days, 10 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 110% of the listings in the Capitol Hill are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,300 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 1920 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. Public administration is the dominant industry in this market. Commute by taxi 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