On average, listings lease in the $70's per square foot per year. The Capitol Hill region is experiencing a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 19% increase in rent.
In the last 90 days, 2 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 550% 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this market were built in 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Capitol Hill residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.