Capitol Hill Retail Space for Rent
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Renting Retail Space in Capitol Hill
Capitol Hill remains the city's highest-density residential and nightlife hub. It is a "High-Conviction" market for multifamily investors because of its proximity to both the CBD and the University District. In early 2026, the neighborhood is also the testing ground for the Seattle Social Housing initiative, which is on track to have its first properties under contract this year (Source: CapitolHillSeattle.com, Nov 2025). 2026 is defined by "Residential Densification." Major projects like the 172-unit mixed-use building replacing the old 15th Ave QFC are moving into construction phases (Source: DJC Seattle 2025/2026). The neighborhood's retail sector along Broadway and Pike/Pine is expected to remain tight, as tourism and affluent local demographics keep vacancy rates at near-historic lows (Source: Commercial Seattle).
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Suite Rates in Capitol Hill
Suite Sizes in Capitol Hill
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Bainbridge Island | - | - | < 30 |
| Bellevue | 1,800 | $3.20 / SF | 55 |
| Bremerton | 1,700 | $1.24 / SF | 34 |
| Buckley | - | - | < 30 |
| Capitol Hill | 2,000 | $2.67 / SF | 30 |
| Central Business District | 2,500 | $3.42 / SF | 107 |
| Covington | 1,400 | - | < 30 |
| Denny Triangle | 3,100 | $3.50 / SF | 43 |
| Enumclaw | 5,100 | - | < 30 |
| Everett | 1,700 | $1.85 / SF | < 30 |
| Federal Way | 1,800 | $2.82 / SF | < 30 |
| Kent | 1,200 | $2.19 / SF | < 30 |
| Lakewood | 1,700 | $1.09 / SF | < 30 |
| Maple Valley | - | - | < 30 |
| Marysville | - | - | < 30 |
| Olympia | 1,500 | $2.20 / SF | < 30 |
| Pike / Pine | 2,400 | $3.60 / SF | 99 |
| Port Orchard | 1,200 | $1.12 / SF | < 30 |
| Puyallup | - | - | < 30 |
| Renton | 2,100 | $2.82 / SF | < 30 |
| Shelton | 2,600 | $1.92 / SF | < 30 |
| Southcenter | 1,800 | $2.04 / SF | < 30 |
| Tacoma | 2,200 | $2.01 / SF | 65 |
| University District | 1,500 | $2.70 / SF | < 30 |
| Uptown Seattle | 2,100 | $2.66 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.