Central El Paso Office Space

Central El Paso

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,640
As of: February 24, 2017

Central El Paso Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central El Paso submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.

Central El Paso Listing Supply

In the last 90 days, 14 listings have been listed, which means office spaces 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 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 1,640 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1971 and are Class B.

Central El Paso Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Central El Paso occupants. Commuting around an hour and a half 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 Central El Paso.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central El Paso.
Research