Albuquerque, NM Office Space
Rents for offices in Albuquerque range between $5.12 and $42.86 per square foot, with the market-wide average currently at $19.12 per square foot according to the latest listing data.
The Albuquerque, NM market currently features 320 distinct office spaces available for lease, totaling approximately 1.4 million square feet.
Local inventory includes subtypes such as General Office with 185 listings, as well as other property types such as Medical Office and Office Building.
Available office spaces range from 98 square feet to 28,704 square feet, with an average size of 4,552 square feet, accommodating businesses across various growth stages and operational requirements.
Of the office inventory in Albuquerque, 71 properties were constructed since 2000, typically offering up-to-date amenities. An additional 128 buildings were developed between 1975 and 2000, while the remaining 38 date prior to 1975.
3
1900 - 1925
4
1925 - 1950
31
1950 - 1975
128
1975 - 2000
71
After 2000
The office market in Albuquerque, NM comprises 173 buildings totaling 16.8 million square feet.
Class A and A+ properties make up 30.52% of the office market in Albuquerque, while Class B properties total 61.04% of the market and Class C properties take up the remaining 8.43%.
The market offers substantial flexibility in space configuration, with spaces reaching up to 28,704 square feet and an average square footage of 4,552 across all spaces located here.
Albuquerque’s neighborhood with the most office spaces is Downtown Albuquerque, offering 98 listings currently available.
The neighborhoods with the next largest offerings include Loop Industrial District with 43 listings, as well as Alvarado Park, which offers a total of 25 listings.