Central El Paso Industrial

Central El Paso

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,000
As of: December 10, 2016

Central El Paso Rates

On average, listings lease in the $20's per square foot per year. The Central El Paso region is seeing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 45% rise in rent.

Central El Paso Listing Supply

In the last 90 days, 12 listings have been posted online, which means listings 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1972 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 region. Commute by motorcycle is the most popular way to get to work amongst Central El Paso residents. Commuting around an hour and a half 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 Central El Paso.
Market Report

Market Data

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