LEASE RATES · MONTERREY

How much does it cost to lease a warehouse or industrial building in Monterrey?

Asking rents and sale prices per m² calculated from 3,877 public listings of warehouses, industrial buildings and land in the Monterrey metropolitan area, as of October 19, 2026. 36% of priced leases are in Santa Catarina. These are advertised asking prices, not closing prices, appraisals or vacancy figures. How they are calculated ↓

warehouses for lease →industrial buildings for lease →Industrial parks · For lease →

Median price per m²

warehouses for lease119 MXN/m² · per month≈ US$6.5Half between 100–1331,274 priced listings · median area 1,400 m²

industrial buildings for lease129 MXN/m² · per month≈ US$7Half between 120–138574 priced listings · median area 6,410 m²

industrial land for sale4,200 MXN/m²≈ US$228Half between 2,580–4,700340 priced listings · median area 2,800 m²

warehouses for sale18,000 MXN/m²≈ US$974Half between 15,900–22,100245 priced listings · median area 1,110 m²

industrial buildings for sale19,300 MXN/m²≈ US$1,044Half between 16,900–21,70079 priced listings · median area 2,850 m²

industrial land for lease25 MXN/m² · per month≈ US$1.4Half between 14–4071 priced listings · median area 8,000 m²

What the advertised rent includes

As of October 19, 2026, the directory carries 2,679 lease listings for warehouses and industrial buildings in the Monterrey metropolitan area. Each figure counts the listings whose text mentions it: a listing that does not mention a term may still apply it, and the figures describe neither market practice nor the law.

930 of 2,679 listings state that VAT (IVA) is added to the rent or the maintenance fee (“+ IVA”, “más IVA”, “no incluye IVA”).
1,064 of 2,679 mention the maintenance fee: its amount, whether it is charged separately or whether the rent includes it.
168 of 2,679 mention a security deposit (59 of 1 month and 89 of 2 months).
357 of 2,679 state a minimum lease term (39 of 1 year, 29 of 2 years, 194 of 3 years, and 86 of 5 years).
252 of 2,679 mention a guarantor (aval, fiador or obligado solidario).
45 of 2,679 mention a surety bond (fianza).
189 of 2,679 are advertised as triple net (NNN), an arrangement in which the tenant usually covers costs such as property tax, insurance and maintenance; check what each listing includes.
164 of 2,679 mention property tax (predial): who pays it or whether the rent includes it.

An automatic count of phrases in each listing's title and description; the same property can be advertised more than once. This is not legal or tax advice: ask the landlord for the terms in writing. Work out the monthly cash flow with your quote ↓

Monthly cash flow of an industrial lease

Adds the rent, IVA (Mexican VAT) at the general rate and the maintenance fee you are quoted, and works out the up-front payment with the deposit and fit-out. Your figures stay in your browser.

Item	MXN	≈ US$
Rent before IVA	166,600	9,026
IVA on the rent (16%) general rate	26,656	1,444
Maintenance your quote	0	0
Monthly cash flow, before withholdings	193,256	10,471
Annual cash flow (12 months)	2,319,072	125,647

Item	MXN	≈ US$
Security deposit your quote	0	0
Fit-out your quote	0	0
First month	193,256	10,471
Up-front payment	193,256	10,471

Rent before IVA: MXN 119.00/m² per month · MXN 11.06/ft² per month

≈ US$6.45/m² per month · US$0.60/ft² per month · US$7.19/ft² per year

Starting values: the median advertised warehouse rent (MXN 119/m² per month) and median area (1,400 m²) as of October 19, 2026. They are asking prices, not appraisals: replace them with your quote.

IVA uses the 16% general rate of Mexico's VAT law (Ley del IVA, art. 1), in the current text published by the Chamber of Deputies, checked on September 23, 2026. Ley del IVA ↗

For a company, the IVA it is charged is usually creditable: it weighs on cash flow, not on cost. If your company leases from an individual, it may have to withhold taxes and the payment to the landlord will differ; this calculation leaves withholdings out.

Figures marked ≈ convert between pesos and dollars at a reference exchange rate (October 18, 2026); it is not Banxico's FIX rate or the rate your lease sets.

An estimate from your own figures, not a quote or tax advice. Check it with your accountant.

Rent by building size

Warehouses and industrial buildings for lease by building area. Different listings are compared, so this does not isolate a size effect.

Area	priced listings	MXN/m² · per month	Half between	median area	Median monthly rent	Industrial buildings
< 1,000 m²	387	107	95–121	810 m²	$85,000 MXN ≈ US$4,605	6%
1,000–2,499 m²	700	120	100–132	1,500 m²	$179,100 MXN ≈ US$9,703	16%
2,500–4,999 m²	297	126	115–140	3,260 m²	$444,900 MXN ≈ US$24,105	41%
5,000–9,999 m²	180	130	120–140	7,130 m²	$901,500 MXN ≈ US$48,842	56%
≥ 10,000 m²	284	130	123–138	17,700 m²	$2,216,500 MXN ≈ US$120,091	76%

What each monthly budget leases

Building area advertised in each monthly rent range.

Monthly rent	listings	median area	Half between	Industrial buildings
< 50,000 MXN	13	456 m²	350–490 m²	0%
50,000–99,999 MXN	367	840 m²	742–960 m²	5%
100,000–199,999 MXN	440	1,240 m²	1,060–1,500 m²	12%
200,000–499,999 MXN	471	2,310 m²	2,000–3,000 m²	31%
500,000–999,999 MXN	207	5,000 m²	4,540–6,200 m²	49%
≥ 1,000,000 MXN	350	14,500 m²	10,800–21,100 m²	73%

Rent by industrial park

Parks with at least 8 priced warehouse or industrial-building leases. Park membership follows each listing's municipality and location name.

Park	Municipality	priced listings	MXN/m² · per month	Half between	median area
Parque 300	Santa Catarina	20	93	88–98	1,020 m²
Parque Industrial Multitech	Santa Catarina	16	94	87–100	871 m²
Terra Park Santa Catarina	Santa Catarina	69	95	88–100	1,040 m²
Regio Parque Industrial Santa Catarina	Santa Catarina	24	99	94–110	1,020 m²
Parque 100	Santa Catarina	30	100	93–108	862 m²
Parque 200	Santa Catarina	16	100	93–105	1,000 m²
Terra Park Santa Catarina II	Santa Catarina	21	100	93–111	1,160 m²
Parque Industrial la Esperanza	Santa Catarina	9	104	90–110	1,090 m²
Magna Industrial Park	Santa Catarina	33	110	95–114	1,200 m²
Santa Catarina Industrial Park	Santa Catarina	32	110	104–120	1,020 m²
Parque Industrial la Puerta	Santa Catarina	22	117	112–130	831 m²
Parque Industrial Martel de Santa Catarina	Santa Catarina	49	120	109–125	2,410 m²
Parque Industrial Milimex	Apodaca	12	120	110–126	1,530 m²
Parque Industrial Escobedo	General Escobedo	31	121	104–132	1,050 m²
Parque Industrial Ciudad Mitras	García	18	125	87–145	2,000 m²
Airport Technology Park	Pesquería	24	133	126–138	4,400 m²
Parque Industrial Apodaca	Apodaca	44	138	127–146	2,960 m²
Parque Industrial Aeropuerto 1er Sector	Apodaca	13	138	131–139	5,690 m²

Rent by municipality

Municipality	priced listings	MXN/m² · per month	Half between	median area
Santa Catarina	674	107	95–120	1,190 m²
Ciénega de Flores	48	120	102–134	12,000 m²
General Escobedo	142	120	98–129	3,800 m²
Salinas Victoria	32	129	116–134	16,600 m²
Apodaca	561	130	120–140	2,850 m²
García	86	130	102–148	2,440 m²
Guadalupe	161	132	125–143	2,010 m²
Pesquería	61	133	126–140	4,400 m²
Monterrey	68	135	118–141	2,300 m²

Industrial land for sale by size

Area	priced listings	MXN/m²	Half between	median area
< 5,000 m²	207	4,500 ≈ US$244	4,200–4,930	1,210 m²
≥ 5,000 m²	133	2,000 ≈ US$108	1,180–3,500	25,200 m²

industrial land for sale →

FAQ

Frequently asked questions

How much is an industrial building per m² to lease in Monterrey?

The median asking rent for industrial buildings is MXN 129 per m² per month (≈ US$7), from 574 priced listings; half ask between MXN 120 and 138. Warehouses ask a median of MXN 119 per m². The advertised industrial buildings have a median area of 6,410 m², against 1,400 m² for warehouses.

Are large warehouses cheaper to lease per m²?

Not in these listings: the rent per m² is higher for large spaces. The median is MXN 107/m² per month for spaces under 1,000 m² and MXN 130/m² for spaces of 10,000 m² or more. These are different listings with different locations and specifications, not a volume discount.

How much warehouse space does MXN 100,000 a month lease?

At a monthly rent between MXN 100,000 and 199,999, 440 warehouses and industrial buildings are advertised, with a median area of 1,240 m²; half measure between 1,060 and 1,500 m².

Which industrial park has the lowest rent?

Among parks with at least 8 priced listings, the lowest median asking rent is at Parque 300 (MXN 93/m² per month) and the highest at Parque Industrial Aeropuerto 1er Sector (MXN 138/m²). The gap reflects the advertised buildings, not a park-wide rate.

Which municipality has the highest industrial rents?

Median warehouse and industrial-building rent by municipality, in MXN/m² per month: Monterrey 135, Pesquería 133, Guadalupe 132, García 130, Apodaca 130, Salinas Victoria 129, General Escobedo 120, Ciénega de Flores 120, Santa Catarina 107. Only municipalities with at least 8 priced listings are shown.

Are industrial buildings leased in US dollars?

55% of industrial buildings for lease are quoted in US dollars (561 of 1,029 listings), against 14% of warehouses. For buildings of 10,000 m² or more the share rises to 83%. This guide converts dollar quotes to pesos at today's rate.

What gross yield does buying a warehouse to lease offer?

In Santa Catarina, twelve months of the median advertised warehouse rent (MXN 105/m²) equal 7.4% of the median asking sale price (MXN 16,900/m²). This is a ratio of medians of different buildings, before vacancy, maintenance, property tax and income tax, not a guaranteed return.

Figures calculated from the listings published as of October 19, 2026. They are asking prices, not appraisals. Methodology →

Methodology

Every public listing in the directory is used: active, commission-sharing and classified as industrial property in the Monterrey metropolitan area.
Price per m² = advertised price ÷ building area (land area for land). Only credible values count: warehouse and industrial-building rent MXN 30–400/m² per month, sale MXN 3,000–60,000/m², land for sale MXN 300–30,000/m². 831 warehouse and industrial-building leases are excluded, mostly because the listing puts a per-m² figure in the total-price field.
Offers for both sale and lease are counted but not priced. A type and transaction median needs 20 priced listings; each table row 8; each share 20.
Park, municipality and property-type pages show the median of their own listings once at least 5 of them have a credible single-transaction price per m², and the middle-half range only from 8.
Dollar quotes are converted to pesos at today's exchange rate (October 18, 2026); the dollar equivalents use the same rate.
Counts are advertisements, not unique buildings or total park availability. Park membership follows each listing's municipality and location name.

Mexico industrial site selection guide →INEGI map →Industrial parks →