New Mexico Office Space

New Mexico

Office Space Market Report

Number of Listings (last 90 days)
478
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,950
As of: June 25, 2017

New Mexico Rates

On average, listings lease in the $10's per square foot per year. The New Mexico region is seeing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.

New Mexico Listing Supply

In the last 90 days, 478 listings have come on the market, so you'll want to check back regularly for new listings. About 83% of the office spaces in the New Mexico are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,940 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 0 and are Class B.

New Mexico Community

Market Report

Trends and status of the commercial real estate market in New Mexico.
Market Report

Market Data

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