Albuquerque Office Space

Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
399
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,310
As of: January 23, 2017

Albuquerque Rates

On average, listings lease in the $20's per square foot per year. The Albuquerque submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.

Albuquerque Listing Supply

In the last 90 days, 441 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Albuquerque 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 2,220 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 0 and are Class B.

Albuquerque Community

Market Report

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

Market Data

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