Commercial Real Estate Report - Albuquerque, NM [Retail]

Property Type

View market and submarket information on Retail space in Albuquerque, New Mexico. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Albuquerque, New Mexico.

Boundaries

Display:
Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Albuquerque, NM - Entire Metro
Submarkets
South - NC -50 bps
South - N -50 bps
South - C -20 bps
NW/Rio Rancho - C -20 bps
NW/Rio Rancho - NC 0 bps
NW/Rio Rancho - N 10 bps
Northeast - N 70 bps
Northeast - NC 110 bps
Northeast - C 170 bps
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean -- -- -- 3.9%
Median -- -- -- 3.9%
12 Month Rolling 3.9% 3.9% 3.9% 3.9%

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
NW/Rio Rancho 84274 $17
Northeast 83384 $10
Northeast 73927 $15
Northeast 74012 $12
Northeast 74013 $7
South 73931 $17
Northeast 88114 $19
Northeast 73892 $17
Northeast 73993 $14
Northeast 73967 $14

Change From Previous Quarter

Market Rent Vac Inv
Albuquerque 0.1% 0 bps 0.0%
West Region 0.0% 0 bps 0.0%
United States 0.1% 0 bps 0.0%

Metro vs. Region 0.1% 0 bps 0.0%
Metro vs. US 0.0% 0 bps 0.0%

Latest New Construction Updates

Location Size
NW/Rio Rancho 0 - 80,000
Northeast 0 - 80,000
NW/Rio Rancho 80,000 - 150,000
N/A 0 - 80,000
N/A 0 - 80,000
N/A 0 - 80,000
NW/Rio Rancho 0 - 80,000
NW/Rio Rancho 150,000 - 220,000
NW/Rio Rancho 80,000 - 150,000
N/A 0 - 80,000
View all Construction Projects

National Retail Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Retail Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
70. Springfield, MA 11.2%
71. Minneapolis, MN 11.3%
72. Greensboro/Winston-Salem, NC 11.4%
73. Phoenix, AZ 11.4%
74. Portland, ME 11.4%
75. Albuquerque, NM 11.5%
76. Kansas City, MO 11.5%
77. Detroit, MI 11.6%
78. Knoxville, TN 11.6%
79. San Antonio, TX 11.6%
80. New Orleans, LA 11.7%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Albuquerque 0.2% 1,155 bps 0.3%
West Region 0.3% 937 bps 0.6%
United States 0.3% 1,077 bps 0.7%

Metro vs. Region -0.1% 218 bps -0.2%
Metro vs. US -0.1% 78 bps -0.4%