Capitol Office Space

Capitol

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,830
As of: July 27, 2017

Capitol Rates

On average, listings lease in the $10's per square foot per year. The Capitol region is seeing a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Capitol Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 200% of the available space in the Capitol 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,830 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 1987 and are Class B.

Capitol Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Capitol folk. Commuting between 20 and 25 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.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Capitol.
Research