Historic Downtown Office
For Lease
Contact for pricing
219 Central Ave NW, Albuquerque, NM 87102
Available space includes a fully improved floor and a shell floor with utilities.
Space Size5,244 SF
Days on Market391
Property Features for 219 Central Ave NW
General Information
Standard status
Active
Size
5,244 SF
Property subtype
RETAIL
Lease Type
Modified Gross
Spaces For Lease
at 219 Central Ave NW Contact us- Floor
- Mezz
- Size
- 5,244 SF
- Type
- RETAIL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
219 Central Ave NW $18/SF/Yr
- Originally designed by Henry Charles Trost, of El Paso’s Trost and Trost Architectural...
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Listing Agency:
Colliers | Albuquerque
(505) 228-8818
Listed By:
Terrie Hertweck CCIM · License #13730
(505) 228-8818
Source:
Moodyscre
Added: Jul 23, 2025
Changed: Aug 8
Last Checked: Aug 16 at 9:24AM
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 5,244 square feet of office space within a historic downtown building originally completed in 1921 and designed by Henry Charles Trost of Trost and Trost Architectural Firm. The 2nd floor is fully improved, while the 7th floor is a shell with utilities. Palladian-style windows, medallions, pilasters, and other original architectural elements contribute to the building’s character.
The property is located in Albuquerque’s downtown business district along Central Avenue, part of the original Route 66. On-site security and key card access support controlled entry. Tenants have attached breezeway access to the adjacent 3rd Street parking garage, a ground-floor coffee shop, and an approximately 8,000 SF rooftop deck with 360-degree city views and open-air balconies. The building also includes occupied office and retail tenants and 25 fully leased or owned residential condos, which are not included in the offering.
The property is located in Albuquerque’s downtown business district along Central Avenue, part of the original Route 66. On-site security and key card access support controlled entry. Tenants have attached breezeway access to the adjacent 3rd Street parking garage, a ground-floor coffee shop, and an approximately 8,000 SF rooftop deck with 360-degree city views and open-air balconies. The building also includes occupied office and retail tenants and 25 fully leased or owned residential condos, which are not included in the offering.
Key Highlights
- 5,244 SF of office space in the Banque Lofts
- 2nd floor fully improved; 7th floor shell with utilities
- Originally completed in 1921 and designed by Henry Charles Trost
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /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
$16.8 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
17,788 SF
Avg Space Size
This space is priced 7% above the average of $16.8 /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 - Available space includes a fully improved floor and a shell floor 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 $18 SF/Yr.
What are key features of this property?
This property features: 5,244 SF of office space in the Banque Lofts; 2nd floor fully improved; 7th floor shell with utilities; Originally completed in 1921 and designed by Henry Charles Trost
