On average, listings lease in the $20's per square foot per year. The Northeast Albuquerque region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 3640 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Northeast Albuquerque are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,460 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the residents of Northeast Albuquerque work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northeast Albuquerque.
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