Northwest Albuquerque Office Space

Northwest Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
99
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,520
As of: January 17, 2017

Northwest Albuquerque Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Albuquerque region is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% increase in rent.

Northwest Albuquerque Listing Supply

In the last 90 days, 111 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 Northwest 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.

Even though the median size is 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 0 and are Class Class.

Northwest Albuquerque Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northwest Albuquerque folk. Commuting around 15 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 Northwest Albuquerque.
Market Report

Market Data

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