Most listings are in the $20's per square foot per year. The Capitol Hill submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.
In the last 90 days, 4 listings have come on the market, which means new listings might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 11,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 6 floors. Most buildings in this region were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Capitol Hill work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.