Downtown Albuquerque Sublease

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Downtown Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,520
As of: January 23, 2017

Downtown Albuquerque Rates

On average, listings lease in the $20's per square foot per year. The Downtown Albuquerque submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Downtown Albuquerque Listing Supply

In the last 90 days, 13 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,520 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 1 stories. 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 area. Commute by public transit is the most popular way to get to work amongst Downtown Albuquerque occupants. 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