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Office Space with Lease Incentives
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2309 Renard Pl SE, Albuquerque, NM 87106

Office space for rent with lease incentives and convenient location.

Days on Market829

Property Features for 2309 Renard Pl SE

General Information

Standard status Active
Property subtype Office
Listing Agency: NAI Sun Vista
Listed By: Micah Gray · License #REC20220385
Source: Crexi
Added: Apr 23, 2024 Changed: Jul 6 Last Checked: Jul 29 at 11:25AM

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 NAI Sun Vista

Investment Insights

Based on property information with market context.

This office space offers convenient access to I-25 and the University of New Mexico. It is located near a new retail development that includes restaurants, hotels, and other amenities. The property is suitable for government contractors. Building features include a shared conference room, security cameras, and roving security officers. High-speed fiber is available within the building. The parking ratio is 3 spaces per 1,000 square feet. Lease incentives include three months of free rent with a 3-year lease.

Key Highlights

  • Three months free rent with a 3‑year lease
  • Easy access to I‑25 and UNM
  • High‑speed fiber within the building

Property Analytics

Current Use

AirMethods NM Training ... Corporate Office Metis Technology Solutions Bank MacAulay-Brown, Inc. Security Service Shafer corporation Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Nail Salon Kitchen & Bath Showroom Skin Care Clinic Spa & Massage Center Furniture & Home Goods

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
$2.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
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 3% below the average of $16.49 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent with lease incentives and convenient location.
Where is this office units located?
The property is located at 2309 Renard Pl SE Albuquerque, NM.
What is the lease rate?
The lease rate is $15.95 SF/Yr.
What are key features of this property?
This property features: Three months free rent with a 3‑year lease; Easy access to I‑25 and UNM; High‑speed fiber within the building
(505) 998-1562 Call to check price and availability
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