Downtown Albuquerque Sublease

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Downtown Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,480
As of: May 20, 2017

Downtown Albuquerque Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Albuquerque region is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.

Downtown Albuquerque Listing Supply

In the last 90 days, 15 listings have been listed, which means leases 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,480 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1980 and are Class B.

Downtown Albuquerque Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Albuquerque residents. Commuting under 5 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 Downtown Albuquerque.
Market Report

Market Data

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