El Paso, Texas, is a city that offers a unique blend of business opportunities and attractions, making it an ideal location for office space for lease. With its strategic location on the Rio Grande, El Paso provides access to a large and growing market, making it an attractive option for businesses looking to expand or establish a presence in the region. The city's strong infrastructure, including the El Paso International Airport, the Kay Bailey Hutchison Desalination Plant, and the Sun Metro Mass Transit System, ensures that businesses have the necessary resources to operate efficiently. Additionally, El Paso is home to various institutions such as the Medical Center of the Americas, the University of Texas at El Paso, and hosts the annual Sun Bowl college football game, making it an attractive location for businesses in the healthcare, education, and sports industries.
El Paso offers a diverse range of office space for lease, with 120 listings available. The average annual rent per square foot is $33 USD, and the average size of office space is 4,217 square feet, with a maximum space size of 60,000 square feet. In addition to office space, El Paso also offers coworking space, flex space, medical offices, and retail space, providing businesses with a range of options to suit their needs. The city's strong economy, driven by industries such as international trade, military, government civil service, oil and gas, healthcare, tourism, and service sectors, makes it an attractive location for businesses looking to establish a presence in the region. With its unique blend of business opportunities, attractions, and amenities, El Paso is an ideal location for office space for lease.
What is the average size of office space for lease in the El Paso market?
The average size of office space for lease in the El Paso market is 4,217 square feet, with a total of 120 available listings, offering a range of options from 25 to 60,000 square feet, and an average annual rent of $33 USD per square foot.
Are there different types of office space leases available?
When it comes to office space for lease in El Paso, you'll find a variety of options to suit your business needs, including 120 available listings with average annual rent per square foot of $33 USD and average size of 4,217 square feet, with maximum space size of 60,000 square feet.
- Full-service leases, which typically include utilities, maintenance, and amenities like parking and security, are a popular choice for businesses seeking a hassle-free experience.
- Modified gross leases, which split operating expenses between the landlord and tenant, offer a balance between flexibility and cost control.
- Triple net leases, where the tenant pays for all operating expenses, are ideal for businesses with a long-term commitment to the space and a desire for maximum control over costs.
