Capitol Hill Office Space

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,380
As of: August 17, 2017

Capitol Hill Rates

Compared to the rest of the Seattle Metropolitan Area market, the Capitol Hill submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Capitol Hill Listing Supply

In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 10% of the available space in the Capitol Hill are subleases, so you will probably have to consider a longer term 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 930 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1922 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. Waste services is the dominant industry in this region. Commute by car 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