Capitol Area Retail

Capitol Area

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,140
As of: March 11, 2017

Capitol Area Rates

The typical asking rate per listing is in the $10's per square foot per year. The Capitol Area submarket is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 15% increase in rent.

Capitol Area Listing Supply

In the last 90 days, 9 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,140 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1965 and are Class C.

Capitol Area Community

Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Capitol Area occupants. Commuting under 5 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 Area.
Market Report

Market Data

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