The typical asking rate per listing is in the $20's per square foot per year. The Southeast Albuquerque submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 31% rise in rent.
In the last 90 days, 398 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Southeast Albuquerque are subleases, so you will probably have to consider a longer term lease. 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 12,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Southeast Albuquerque residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeast Albuquerque.
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