Capitol Hill Office Space

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
2,420
As of: February 21, 2017

Capitol Hill Rates

The typical asking rate per listing is in the $0's per square foot per year. The Capitol Hill region is going through a decrease in rates. In the last 3 months, the median rate decreased $63 per sqft per year. That's a 100% decrease in rent.

Capitol Hill Listing Supply

In the last 90 days, 3 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space 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 2,420 sqft. Most properties in this region are close to 8 floors. Most buildings in this region were built in 1915 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. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Capitol Hill occupants. Commuting close to an hour and a half 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