Capitol Hill Sublease

Capitol Hill

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
5,559
As of: December 10, 2016

Capitol Hill Rates

The typical asking rate per listing is in the $60's per square foot per year. The Capitol Hill submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 5% increase in rent.

Capitol Hill Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,559 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 8 stories. Most buildings in this area were built in 1915 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. 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.

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