Capitol Hill Sublease

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
7,730
As of: June 22, 2017

Capitol Hill Rates

On average, listings lease in the $20's per square foot per year. The Capitol Hill submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Capitol Hill Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases 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 7,730 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this area were built in 1939 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. Waste services is the dominant industry in this market. Most of the residents of Capitol Hill work from home. Commuting approximately 10 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 Hill.
Market Report

Market Data

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