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Office Unit with Secured Parking
For Lease
$13.50 SF/Yr
Pending

924 Park Ave SW, Albuquerque, NM 87102

Contemporary professional office setting with gated access, on-site management, and shared outdoor patio amenities.

Space Size2,559 SF - 6,414 SF
Property Size24,000 SF
Days on Market214

Property Features for 924 Park Ave SW

General Information

Standard status Pending
Size 2,559 SF - 6,414 SF
Net Rentable 2,559 SF
Total Parking Spaces 36
Property subtype Office
Zoning MX-FB-FX
Lease Type Modified Gross

Space & Availability

Available Space 2,559-6,414 SF
Contiguous Space 6,414 SF
Space Use Office
Sublease No
Meeting Rooms 1

Lease Terms

Lease Rate $13.50 /USD/SF/YR
Monthly Rent $2,878-$4,336
Rent per SF/Year $13.50

Site & Location

Public Transit Yes
Utilities to Site Yes

Amenities

gated with security system
on-site manager
outdoor private patio with BBQ grill
bike racks
common area bathrooms
mailboxes
janitorial service
36 Parking Spaces

Building Details

Building Size 24,000 SF
Tenancy Multi

Spaces For Lease

at 924 Park Ave SW Contact us

Available Space $13.50/Mo

Contact us
Listing Agency: Coldwell Banker Commercial Las Colinas
Listed By: April Ager · License #18376
Source: Carnm.resimplifi
Added: Jan 27 Changed: Aug 29 Last Checked: Aug 29 at 9:03AM

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 Coldwell Banker Commercial Las Colinas

Investment Insights

Based on property information with market context.

Suite C is part of a 24,000 SF multi-tenant professional office building and offers approximately 3,855 SF of workspace. The suite includes an open plan, conference room, and private office areas. Adjacent Suite B, approximately 2,559 SF, may be combined with Suite C. The property also provides common-area restrooms, mailboxes, janitorial service twice weekly, and secured parking.

The office complex is gated and equipped with a security system, with an on-site manager and local ownership. Located off Central Avenue, identified as Historic Route 66, the property provides access to the Downtown Business District. Park Avenue Park is across the street, while nearby apartments, shops, delis, coffee shops, bike trails, bus stops, and other neighborhood merchants add to the surrounding setting. An outdoor courtyard includes shaded garden seating, patio tables, and a BBQ grill.

Key Highlights

  • Suite C offers +/- 3,855 SF within a 24,000 SF professional office building
  • Adjacent Suite B offers +/- 2,559 SF and may be combined with Suite C
  • Gated property with security system, on‑site manager, and secured parking lot

Property Analytics

Current Use

New Mexico Center ... Charitable Organization Native Health Initiative Crisis Center Medical Staffing Network Employment Agency Strategies 360 Marketing & Advertising

Suggested Use

Top Pick Carpet & Flooring Store HVAC Service Home Appliance Store Butcher (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,284
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

Market

Lease Benchmarks for Albuquerque, NM

$16.27 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
19,005 SF
Avg Space Size

This space is priced 17% below the average of $16.27 /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 - Contemporary professional office setting with gated access, on-site management, and shared outdoor patio amenities.
Where is this office units located?
The property is located at 924 Park Ave SW Albuquerque, NM.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Suite C offers +/- 3,855 SF within a 24,000 SF professional office building; Adjacent Suite B offers +/- 2,559 SF and may be combined with Suite C; Gated property with security system, on‑site manager, and secured parking lot
More about this property
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