On average, listings lease in the $0's per square foot per year. The Capitol Park submarket is going through a decrease in rates. In the last 3 months, the median rate fell $51 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 11 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 12 floors. Most buildings in this region were built in 1950 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Capitol Park residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.