Office rental price in León remains below $12.50 USD per m²
Solili | May 16, 2024 |

León has positioned itself as one of the cities with the most competitive prices in the office market nationwide with $12.48 USD per square meter, this combined with a vacancy rate that stands at 8.9% as of April, placing it as one of the markets with the lowest index.

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The Campestre - Country submarket located northwest of the city of León has a starting market price of $15.44 usd per square meter, reaching its highest point after in April 2023 it was at $14.61 usd per square meter and throughout Throughout the year it has shown growth, reaching its highest point.

For its part, the López Mateos submarket has positioned itself throughout the year with the lowest price on the market after registering $11.04 USD per square meter in April 2023 and in April 2024 it reached $9.52 USD per square meter.

Of interest: 80% of the demand in Mexico City is concentrated in class A offices

Regarding the office vacancy that both submarkets in León have had, we see that Campestre - Country has the lowest vacancy with 7% registered while López Mateos, despite having the lowest price, registered a vacancy of 13.4% as of April .

We have seen that the office sector in León has been emerging with great challenges; however, it has been resilient despite the growth that the industrial and residential sector has had, and an increase in demand is expected after the flow of capital and the changes that present themselves regarding city politics.

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