Southwest Albuquerque Industrial

Southwest Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
700
As of: February 24, 2017

Southwest Albuquerque Rates

On average, listings lease in the $20's per square foot per year. The Southwest Albuquerque region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Southwest Albuquerque Listing Supply

In the last 90 days, 21 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 700 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 0 and are Class B.

Southwest Albuquerque 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 market. Most of the occupants of Southwest Albuquerque work from home. Commuting between 30 and 45 minutes 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 Southwest Albuquerque.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southwest Albuquerque.
Research