Capitol Area Sublease

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Capitol Area

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,310
As of: July 23, 2017

Capitol Area Rates

The typical asking rate per listing is in the $20's per square foot per year. The Capitol Area submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year.

Capitol Area Listing Supply

In the last 90 days, 9 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the listings in the Capitol Area 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.

Even though the median size is 3,310 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1965 and are Class C.

Capitol Area Community

Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Capitol Area residents. 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