Las Cruces Industrial

Las Cruces

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,080
As of: July 19, 2017

Las Cruces Rates

The typical asking rate per listing is in the $20's per square foot per year. The Las Cruces submarket is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% rise in rent.

Las Cruces Listing Supply

In the last 90 days, 27 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 178% of the available leases in the Las Cruces are subleases, so you might be able to find a shorter term or below market rent. 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 2,080 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1958 and are Class B.

Las Cruces Community

Market Report

Trends and status of the commercial real estate market in Las Cruces.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Las Cruces.
Research

Doña Ana County Submarkets