Central El Paso Office Space For Lease

Central El Paso

Market Report

Number of Listings For Lease
Posted in the last 90 days
31
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
760

Central El Paso Commercial Real Estate

Find Central El Paso commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Central El Paso commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Central El Paso Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Central El Paso submarket is seeing a a boost in rates. In the last 3 months, the median rate for lease increased $7 per sqft per year. That's a 34% rise in rent.

Central El Paso Listing Supply

In the last 90 days, 217 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases in the Central El Paso are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,810 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built close to 1962 and are Class B.

Central El Paso Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Central El Paso 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 Data

Real time and historical data on commercial real estate listings in Central El Paso.
Research