Central El Paso Retail

Central El Paso

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,850
As of: July 23, 2017

Central El Paso Rates

Most listings are in the $10's per square foot per year. The Central El Paso submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Central El Paso Listing Supply

In the last 90 days, 16 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 163% of the available space in the Central El Paso are subleases, so you might be able to snag a great spot on a short term. 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 1,850 sqft. Most properties in this region are around 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 folk. 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