Capitol Hill Retail

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
2,970
As of: June 22, 2017

Capitol Hill Rates

On average, listings lease in the $60's per square foot per year. The Capitol Hill region is seeing a a boost in rates. In the last 3 months, the median rate went up $67 per sqft per year.

Capitol Hill Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the office spaces 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,970 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1914 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. 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 occupants. 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