The typical asking rate per listing is in the $20's per square foot per year. The New Mexico submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 7325 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the New Mexico 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 1,890 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 0 and are Class B.
Real time and historical data on commercial real estate listings in New Mexico.
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