The typical asking rate per listing is in the $30's per square foot per year. The Rio Rancho submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $14 per sqft per year. That's a 73% increase in rent.
In the last 90 days, 309 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Rio Rancho are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,030 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1986 and are Class Class B.
Real time and historical data on commercial real estate listings in Rio Rancho.
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