Central El Paso Office Space

Central El Paso

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,580
As of: June 28, 2017

Central El Paso Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central El Paso region is seeing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Central El Paso Listing Supply

In the last 90 days, 16 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 156% of the available space in the Central El Paso are subleases, so you might be able to find a shorter term or below market rent. 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 1,580 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1972 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 residents. Commuting close to 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