Southwest Albuquerque Sublease

Southwest Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
440
As of: March 12, 2017

Southwest Albuquerque Rates

The typical asking rate per listing is in the $10's per square foot per year. The Southwest Albuquerque region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decline in rent.

Southwest Albuquerque Listing Supply

In the last 90 days, 16 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 440 sqft. Most properties in this region are around 1 floors. Most buildings in this region 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 market. Most of the occupants 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