Albuquerque, New Mexico, is an ideal location for Industrial Space For Lease, offering a unique blend of economic growth, cultural diversity, and natural beauty. With its rich history, diverse economy, and strong infrastructure, Albuquerque provides an attractive environment for businesses to thrive. The city's strategic location, nestled in the Albuquerque Basin, flanked by the Sandia Mountains to the east and the West Mesa to the west, offers easy access to major transportation facilities, including the Albuquerque International Sunport and Double Eagle II Airport. Additionally, the city's highly diversified economy, with a focus on science, medicine, technology, commerce, education, and culture, creates a dynamic environment for businesses to grow and succeed. Major corporations, such as Intel, Facebook, and Northrop Grumman, have already established a presence in Albuquerque, taking advantage of the city's skilled workforce, affordable cost of living, and business-friendly environment.
Albuquerque's Industrial Space For Lease market offers a range of options, with 23 available listings. The average annual rent per square foot is $13 USD, and the average size of Industrial Space is 20,926 square feet, with a maximum space size of 524,104 square feet. In addition to Industrial Space, Albuquerque also offers a range of other property types, including Flex Space, which provides a versatile and adaptable environment for businesses; Commercial Real Estate, which offers a variety of retail, office, and restaurant spaces; Land, which provides opportunities for development and growth; and Restaurants, which cater to the city's diverse culinary scene. With its unique blend of economic, cultural, and natural attractions, Albuquerque is an attractive location for businesses looking to establish or expand their operations.
What is the average size of industrial space for lease in the Albuquerque market?
The average size of industrial space for lease in the Albuquerque market is 20,926 square feet, with a total of 23 available listings, offering a range of options for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Albuquerque?
When leasing an industrial space in Albuquerque, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $13 USD per square foot, to determine your budget and potential costs;
- The size of the space, with average sizes ranging from 20,926 square feet to 524,104 square feet, to accommodate your equipment, inventory, and workforce;
- Proximity to major transportation facilities, such as the Albuquerque International Sunport and Interstate 25 and 40, to facilitate the movement of goods and supplies, as well as access to a skilled workforce and local amenities.
