New Mexico Commercial Real Estate

2403 S Main St - Entire Building Las Cruces, NM  
Sep 15
6,660
sqft
For Sale Industrial
913 N California St - Entire Building Socorro, NM Onsite Parking.
Sep 14
4,000
sqft
For Sale Retail Restaurant
2110 N Main St - Unit 1 Las Cruces, NM break room
Sep 07
3,460
sqft
For Sale Office
819 N Riverside Dr - Entire Building Española, NM  
Aug 28
4,000
sqft
For Sale Retail
3208 Calle Marie - Entire Building Agua Fria, NM  
Aug 09
3,700
sqft
For Sale Industrial Office
101 Alameda Blvd - Entire Building Las Cruces, NM HVAC
Aug 02
12,090
sqft
For Sale Office
570 W Griggs Ave - Entire Building Las Cruces, NM  
Jul 25
5,500
sqft
For Sale Office Retail

New Mexico

Market Report

Number of Listings
Posted in the last 90 days
85
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,000

New Mexico Rates

On average, listings lease in the $20's per square foot per year. The New Mexico submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

New Mexico Listing Supply

In the last 90 days, 7325 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the New Mexico are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 0 and are Class B.

New Mexico Community

Market Data

Real time and historical data on commercial real estate listings in New Mexico.
Research