The typical asking rate per listing is in the $20's per square foot per year. The North Capitol Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 30 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 107% of the available space in the North Capitol Hill are subleases, so you might be able to snag a great spot on a short term. 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 3,260 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 12 floors. Most buildings in this market were built in 1973 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Capitol Hill residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.