Search
High-Ceiling Office Units
For Lease
$13 SF/Yr

215 3rd St. SW, Albuquerque, NM 87102

Flexible office space with high ceilings and professional-use zoning.

Space Size8,951 SF
Days on Market124

Property Features for 215 3rd St. SW

General Information

Standard status Active
Size 8,951 SF
Net Rentable 10,399 SF
Class B
Property subtype Office
Zoning MX-FB-UD
Lease Term Full Service

Space & Availability

Available Space 10,399 SF
Contiguous Space 10,399 SF
Space Use Office

Building Details

Building Size 8,951 SF
Year Built 1920

Spaces For Lease

at 215 3rd St. SW Contact us

Subject Property $13/SF/Yr

Size
8,951 SF
Term
Negotiable
Contact us
Listed By: Walt Arnold, CCIM, SIOR · License #NM #9117
Source: Svn
Added: May 14 Changed: Sep 1 Last Checked: Sep 13 at 9:40AM

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 Walt Arnold, CCIM, SIOR

Investment Insights

Based on property information with market context.

This office property provides 10,399 square feet of space in a building constructed in 1920. The layout can accommodate flexible floor plan configurations, while high ceilings contribute to the character of the space. MX-FB-UD zoning supports office and professional uses.

Positioned in downtown Albuquerque, the property offers access to major transportation routes and is near dining and retail amenities. Its established building character and adaptable interior provide a practical setting for office occupancy in the city center.

Key Highlights

  • 10,399 SF office space
  • Constructed in 1920
  • MX‑FB‑UD zoning

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Wendy sanchez Computer ... Electronics & Wireless Store New Mexico Reentry ... Association / Organization Sandia Towing Service ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply HVAC Service Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,450
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$24.38 /SF/Yr
Avg Asking Price
$1.1–$286 /SF/Yr
Price Range
16,001 SF
Avg Space Size

This space is priced 47% below the average of $24.38 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Flexible office space with high ceilings and professional-use zoning.
Where is this office units located?
The property is located at 215 3rd St. SW Albuquerque, NM.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 10,399 SF office space; Constructed in 1920; MX‑FB‑UD zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message