Historic Downtown Office
For Lease
Contact for pricing
219 Central Ave NW, Albuquerque, NM 87102
Two downtown office floors are available, with the 2nd fully improved and the 7th delivered as a shell with utilities.
Property Size7,794 SF
Days on Market403
Property Features for 219 Central Ave NW
General Information
Standard status
Active
Size
7,794 SF
Property subtype
RETAIL
Lease Type
SF/yr
Amenities
on-site security
key card access
attached parking garage
on-site coffee shop
rooftop deck
open air balconies
Building Details
Year Built
1921
Tenancy
Multi
Listing Agency:
Colliers | Albuquerque
(505) 228-8818
Listed By:
Terrie Hertweck CCIM · License #13730
(505) 228-8818
Source:
Moodyscre
Added: Jun 23, 2025
Changed: Jul 26
Last Checked: Jul 26 at 12:07AM
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 Colliers | Albuquerque
Investment Insights
Based on property information with market context.
The Banque Lofts offers available office space on the 2nd and 7th floors. The 2nd floor is fully improved, while the 7th floor is delivered as a shell with utilities. The building includes secure access with on-site security and key card entry.
The property is located in Albuquerque’s downtown business district off historic Route 66, with attached breeze way access to an adjacent 3rd Street parking garage. A coffee shop, Mocha Joe’s, is on the ground floor. Tenants can also access an approximately 8,000-square-foot rooftop deck with open-air balconies.
The offering relates to the 2nd and 7th floors, available for sale separately. Residential condos and other occupied office and retail tenants are present in the building but are not included in the offering.
The property is located in Albuquerque’s downtown business district off historic Route 66, with attached breeze way access to an adjacent 3rd Street parking garage. A coffee shop, Mocha Joe’s, is on the ground floor. Tenants can also access an approximately 8,000-square-foot rooftop deck with open-air balconies.
The offering relates to the 2nd and 7th floors, available for sale separately. Residential condos and other occupied office and retail tenants are present in the building but are not included in the offering.
Key Highlights
- 2nd & 7th floors available for sale separately in The Banque Lofts downtown building
- 2nd floor is fully improved; 7th floor is delivered as a shell with utilities
- Secure building with on‑site security and key card access
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.20 /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
$16.49 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
51,834 SF
Avg Space Size
This space is priced 51% below the average of $16.49 /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 - Two downtown office floors are available, with the 2nd fully improved and the 7th delivered as a shell with utilities.
Where is this office units located?
The property is located at 219 Central Ave NW Albuquerque, NM.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 2nd & 7th floors available for sale separately in The Banque Lofts downtown building; 2nd floor is fully improved; 7th floor is delivered as a shell with utilities; Secure building with on‑site security and key card access
