Capitol Hill Office Space

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
68
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
600
As of: August 22, 2017

Capitol Hill Rates

Most listings are in the $70's per square foot per year. The Capitol Hill submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 19% rise in rent.

Capitol Hill Listing Supply

In the last 90 days, 2 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% 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 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 600 sqft. Most buildings in this region are around 6 stories. Most buildings in this region were built in 1914 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 region. Commute by public transit is the most popular way to get to work amongst Capitol Hill residents. 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