Albuquerque Retail

Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
330
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,440
As of: August 20, 2017

Albuquerque Rates

The typical asking rate per listing is in the $20's per square foot per year. The Albuquerque submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Albuquerque Listing Supply

In the last 90 days, 330 listings have been made available, so you'll want to check back regularly for new listings. About 76% of the listings in the Albuquerque are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,440 sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 0 and are Class B.

Albuquerque Community

Market Report

Trends and status of the commercial real estate market in Albuquerque.
Market Report

Market Data

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