Capitol District Retail

Capitol District

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,500
As of: May 23, 2017

Capitol District Rates

Compared to the rest of the Richmond market, the Capitol District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Capitol District Listing Supply

In the last 90 days, 0 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Capitol District are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,500 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1985 and are Class B.

Capitol District Community

Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Capitol District residents. Commuting between 20 and 25 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 District.
Market Report

Market Data

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