Most listings are in the $0's per square foot per year. The Capitol Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $63 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Capitol Hill 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 2,420 sqft. Most buildings in this area are around 8 stories. Most buildings in this region were built in 1915 and are Class B.
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 folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.