Most listings are in the $20's per square foot per year. The Capitol Hill submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 5 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,480 sqft. Most properties in this region are approximately 6 stories. Most buildings in this region were built in 1929 and are Class B.
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 market. Most of the folk of Capitol Hill work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.