Downtown Albuquerque Office Space

Downtown Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,000
As of: February 21, 2017

Downtown Albuquerque Rates

Most listings are in the $20's per square foot per year. The Downtown Albuquerque submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Downtown Albuquerque Listing Supply

In the last 90 days, 14 listings have come on the market, which means new availabilities might be 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are around 1 stories. Most buildings in this area 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 folk. 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