Downtown Albuquerque Office Space

Downtown Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,210
As of: December 2, 2016

Downtown Albuquerque Rates

On average, listings lease in the $10's per square foot per year. The Downtown Albuquerque region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 17% decrease in rent.

Downtown Albuquerque Listing Supply

In the last 90 days, 15 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,210 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1980 and are Class B.

Downtown Albuquerque Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Albuquerque occupants. Commuting under 5 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 Downtown Albuquerque.
Market Report

Market Data

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

Albuquerque Submarkets