Downtown El Paso Sublease

Downtown El Paso

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,460
As of: February 24, 2017

Downtown El Paso Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown El Paso submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.

Downtown El Paso Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,460 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1946 and are Class A.

Downtown El Paso Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown El Paso residents. Commuting more than 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 Downtown El Paso.
Market Report

Market Data

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