The typical asking rate per listing is in the $30's per square foot per year. The North Capitol Hill submarket is going through a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 30 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the North Capitol Hill are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,120 sqft. Most properties in this area are close to 12 stories. Most buildings in this region were built in 1973 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Capitol Hill folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.