Southeast Albuquerque Office Space

Southeast Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,140
As of: May 20, 2017

Southeast Albuquerque Rates

On average, listings lease in the $10's per square foot per year. The Southeast Albuquerque submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decrease in rent.

Southeast Albuquerque Listing Supply

In the last 90 days, 30 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Southeast Albuquerque are subleases, so you will probably have to focus your search on direct office leases. 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 1,140 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 0 and are Class Class.

Southeast 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 region. Commute by walking is the most popular way to get to work amongst Southeast Albuquerque residents. Commuting between 30 and 45 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 Southeast Albuquerque.
Market Report

Market Data

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