Two-Floor Office
For Lease
$6 SF/Yr
115 2nd St SW, Albuquerque, NM 87102
Open-plan commercial space requiring substantial renovation and offering flexibility for a tenant-led buildout.
Space SizeContact for details
Days on Market350
Property Features for 115 2nd St SW
General Information
Standard status
Active
Property subtype
Office
Lease Type
NNN
Amenities
Power
Water
Sewer
Natural Gas
Vacant
Building Details
Year Built
1966
Spaces For Lease
at 115 2nd St SW Contact usAvailable Space $6/Mo
Contact us
Listing Agency:
Berger Briggs Real Estate & Property Management
(505) 247-0447
Listed By:
Harrison Alley · License #48822
(505) 247-0447
Source:
Carnm.resimplifi
Added: Sep 16, 2025
Changed: Aug 29
Last Checked: Aug 31 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berger Briggs Real Estate & Property Management
Investment Insights
Based on property information with market context.
This office offering comprises 4,866 square feet across two floors at a 1966-built property. The interior is largely open and includes an incomplete prior buildout, leaving substantial renovation and customization work for the incoming tenant. The landlord is willing to provide rent abatement in connection with the improvements.
The property is at 115 2nd St SW in downtown Albuquerque, across from the Sunshine Building. Restaurants, coffee shops, grocery stores, courthouses, and public parking facilities are located nearby. Bus and rail service are within walking distance, while Central Ave, Dr. Martin Luther King Jr Ave, and Lomas Blvd provide additional commuter connections.
The property is at 115 2nd St SW in downtown Albuquerque, across from the Sunshine Building. Restaurants, coffee shops, grocery stores, courthouses, and public parking facilities are located nearby. Bus and rail service are within walking distance, while Central Ave, Dr. Martin Luther King Jr Ave, and Lomas Blvd provide additional commuter connections.
Key Highlights
- 4,866 square feet spanning two floors
- Open interior with an unfinished prior buildout
- 1966 construction with substantial renovation required
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Market
Lease Benchmarks for Albuquerque, NM
$16.27 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
19,005 SF
Avg Space Size
This space is priced 63% below the average of $16.27 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan commercial space requiring substantial renovation and offering flexibility for a tenant-led buildout.
Where is this office units located?
The property is located at 115 2nd St SW Albuquerque, NM.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 4,866 square feet spanning two floors; Open interior with an unfinished prior buildout; 1966 construction with substantial renovation required
