Southwest Albuquerque Sublease

Southwest Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
700
As of: January 19, 2017

Southwest Albuquerque Rates

Most listings are in the $10's per square foot per year. The Southwest Albuquerque submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% rise in rent.

Southwest Albuquerque Listing Supply

In the last 90 days, 23 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the office spaces in the Southwest Albuquerque are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 650 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 0 and are Class B.

Southwest Albuquerque 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 region. Most of the folk of Southwest Albuquerque work from home. Commuting between 30 and 45 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 Southwest Albuquerque.
Market Report

Market Data

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

Albuquerque Submarkets