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Queretaro, Mexico

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Mexico (Baja)
Last Updated: 1-Feb-2008		 Market Overview
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Market Research

* Click on each category for a detailed definition.
RENT/SF/YEAR RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) $ 12.00 $ 14.00 $ 12.75 N/A N/A N/A 40.0% N/A
Class A (Prime) $ 9.00 $ 12.00 $ 10.50 N/A N/A N/A 20.0% N/A
Class B (Secondary) N/A N/A N/A N/A N/A N/A N/A N/A
 
Suburban Office
New Construction (AAA) $ 13.00 $ 15.00 $ 14.00 N/A N/A N/A 80.0% N/A
Class A (Prime) $ 11.00 $ 14.00 $ 12.50 N/A N/A N/A 15.0% N/A
Class B (Secondary) N/A N/A N/A N/A N/A N/A N/A N/A
 
Industrial
Bulk Warehouse $ 4.20 $ 5.00 $ 4.60 N/A N/A N/A 18.0% N/A
Manufacturing $ 5.04 $ 6.02 $ 5.71 N/A N/A N/A 8.0% N/A
High Tech / R&D $ 6.00 $ 10.80 $ 8.40 N/A N/A N/A 5.0% N/A
 
Retail
Downtown $ 10.00 $ 18.00 $ 14.00 N/A N/A N/A N/A N/A
Neigborhood Service Centers $ 13.00 $ 20.00 $ 16.50 N/A N/A N/A N/A N/A
Community Power Center $ 20.00 $ 30.00 $ 25.00 N/A N/A N/A N/A N/A
Regional Malls $ 25.00 $ 36.00 $ 30.00 N/A N/A N/A N/A N/A

Development Land Low/ M2 High/ M2 Low/SF High/SF
Office in CBD (per M2) N/A N/A N/A N/A
Land in Office Parks N/A N/A N/A N/A
Land in Industrial Parks $ 250.00 $ 350.00 N/A N/A
Office/Industrial Land - Non-park $ 100.00 $ 250.00 N/A N/A
Retail/Commercial Land $ 250.00 $ 500.00 N/A N/A
Residential $ 250.00 $ 550.00 N/A N/A


 

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