High-Ceiling Office
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 Market170
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
Site & Location
Neighborhood
Acr
Building Details
Building Size
8,951 SF
Year Built
1920
Spaces For Lease
at 215 3rd St. SW
Subject Property
$13/SF/Yr
Size
8,951 SF
Term
Negotiable
Listed By:
Walt Arnold, CCIM, SIOR · License #NM #9117
(505) 269-9358
Source:
Svn
Added: May 14
Changed: Oct 25
Last Checked: Oct 28 at 6:10AM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,450
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albuquerque, NM
$26.39 /SF/Yr
Avg Asking Price
$3.3–$286 /SF/Yr
Price Range
20,900 SF
Avg Space Size
This space is priced 51% below the average of $26.39 /SF/Yr.
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office space with high ceilings and professional-use zoning.
Where is this office unit 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
